The GBP/USD pair is posting modest gains, trading around 1.2790 during early European hours. The US Dollar is near a three-month low due to concerns regarding slowing US economic growth and the effects of recently imposed tariffs. These factors create an opportunity for the British Pound to regain some ground. Close attention is key as trading conditions evolve. Market participants should stay alert to potential changes in economic forecasts and their impact on currency valuations.