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fxJun 15, 2026, 7:53 AM

British Pound Hits 10-Day High at 1.3460 on Dollar Weakness, Peace Hopes

The GBP/USD pair rose to a fresh 10-day high of 1.3460 on Monday as the US dollar weakened amid a brighter market mood driven by peace hopes. However, the pair remains within its four-week trading range as focus shifts to upcoming central bank decisions.

GBPUSD

The British Pound (GBP) gained against the US Dollar (USD) on Monday, reaching a 10-day high at 1.3460. The move was supported by a weaker US dollar as market sentiment improved on peace hopes. Despite the uptick, GBP/USD remains trapped in the trading range observed over the last four weeks.

Investors are now turning their attention to monetary policy decisions from major central banks, which could provide further direction for the currency pair. No specific central banks were mentioned in the source. The pair's ability to break out of its range will depend on upcoming economic data and policy signals.

Source: FXStreet Forex News