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fxJun 11, 2026, 5:22 AM

GBP/USD Targets 1.3400 as Dollar Weakens, Stays Below Weekly High

GBP/USD edged higher on Tuesday, attracting dip-buyers near 1.3385 as the US dollar showed modest weakness, though the pair remains below its weekly high of 1.3425.

GBPUSD

The GBP/USD pair attracted dip-buyers during the Asian session on Tuesday, stalling the pullback from the previous day's weekly high of 1.3425. Spot prices were trading around the 1.3385 zone, up just over 0.10% for the day.

Traders are eyeing the 1.3400 level as resistance, with continued USD weakness providing support. However, the pair remains below the weekly top, suggesting cautious momentum. No additional catalysts have emerged yet, keeping the focus on broader dollar sentiment.

Source: FXStreet Forex News