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Forex

GBP Slips as US Dollar Rebound Continues Amid Iran Negotiations

Guavy AI Editorial Team
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USD GBP
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The Pound Sterling has retreated by 0.27% on Monday as the US Dollar recovers ground, following a pause in US strikes on Iran and renewed negotiations between both parties.

The GBP/USD pair currently trades at 1.3439, down from its daily high of 1.3506 reached earlier in the day.

A weaker-than-expected UK manufacturing data added pressure on the Pound, which had rallied in the Asian session amid news of a halt to hostilities in Iran.

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