The GBP/USD currency pair is enjoying a notable rise, trading at approximately 1.3430 during Thursday’s Asian session. This upward movement marks the fourth consecutive day of gains for GBP/USD. The primary factor driving the increase is the continued weakening of the US Dollar, which faces mounting challenges. Recent developments, including a credit rating downgrade by Moody’s, have raised concerns about the US fiscal outlook. Investors are keenly observing these shifts to gauge future market trends and adjust their strategies accordingly.