GBP Stabilizes Amid Middle East Tensions
The Pound Sterling has steadied against the US Dollar despite rising geopolitical tensions in the Middle East.
US President Donald Trump announced that no talks are ongoing with Iran, and the US naval blockade remains in place, but an adviser to Iran's Supreme Leader said Iran remains committed to logic and dialogue.
The UK's jobs data showed weakness, with unemployment exceeding estimates at 4.9% in June.