GBP USD Recovering Above 1.3250 Amid Trade Tensions
The GBP USD pair is gaining traction, reaching near 1.3270 and breaking a two-day losing streak during Thursday’s early Asian session. The US Dollar weakens against the British Pound due to escalating uncertainties surrounding trade policies.
Market participants are keenly observing developments in US trade relations as new insights could provide clarity on the future direction for the GBP USD pair.
As geopolitical tensions ebb and flow, the pound’s resilience is worth noting for investors.