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fxJul 8, 2026, 2:18 AM

GBP/USD Falls to Near 1.3350 After US Strikes on Iran

The British Pound weakened against the US Dollar, dropping to around 1.3355 on renewed geopolitical tensions following US strikes on Iran.

GBPUSD

The GBP/USD pair declined to near 1.3355 during Asian trading on Wednesday, extending losses as the US Dollar strengthened. The move comes after the US launched renewed airstrikes on Iran, escalating geopolitical tensions in the Middle East.

Investors sought safe-haven assets, pushing the greenback higher against the British Pound. The pair remains under pressure as markets assess the potential for further conflict and its impact on currency markets.

Source: FXStreet Forex News