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Forex

GBP/USD Finds Temporary Reprieve Amid Rising Inflation Risks

Guavy AI Editorial Team
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USD GBP
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The Pound Sterling has trimmed some of its weekly losses against the US Dollar, gaining 0.18% on Friday as the US Dollar takes a breather from its recent rise.

This gain comes despite rising US Treasury yields and increased bets for Federal Reserve hawkishness for the remainder of 2026.

The GBP/USD pair currently trades at 1.3243, having bounced off daily lows of 1.3209.

The British Pound has underperformed its peers this week, with a 1.27% drop against the US Dollar.

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