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fxJul 21, 2026, 11:51 AM

British Pound Extends Losses Toward 1.3400 Ahead of Burnham Policy

The British Pound continues to weaken against the US Dollar, falling for a fourth consecutive session as markets await policy announcements from Labour leader Andy Burnham.

GBPUSD

The British Pound (GBP) has extended its decline against the US Dollar, approaching the 1.3400 level. The currency is among the worst performers among major currencies, marking a fourth consecutive session of losses.

Traders are focusing on upcoming policy announcements from Labour leader Andy Burnham, which are expected to provide clarity on fiscal and economic direction. The pound's weakness reflects market uncertainty ahead of these statements.

No further details on specific policy measures have been released yet.

Source: FXStreet Forex News