Pound Sterling Price News and Forecast: Slides towards 1.3400 as Mideast war boosts US Dollar
GBP/USD retreats some 0.49% on Monday amid risk aversion sponsored by the conflict in the Middle East between the alliance of the US and Israel against Iran. Consequently, safe-haven peers like the US Dollar (USD) remain bid in the day, hence weighing on the pair.
GBP/USD retreats some 0.49% on Monday amid risk aversion sponsored by the conflict in the Middle East between the alliance of the US and Israel against Iran. Consequently, safe-haven peers like the US Dollar (USD) remain bid in the day, hence weighing on the pair.
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