GBPUSD witnesses a powerful rally during the London session, driven by a faltering US Dollar following President Trump’s new tariff threats and growing trade tensions with China. The dollar’s retreat encourages investors to shift their positions, leading to a wave of buying in the pound. Concerns are rising that a 50% tariff on aluminum and steel will intensify economic strain while elevating inflation pressures. Market dynamics are shifting, and traders should stay alert for further movements in GBPUSD as conditions evolve.