Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
Prezzi
fxJun 11, 2026, 9:25 PM

British Pound Rallies on US-Iran De-escalation

Sterling recovers sharply after President Trump cancels planned strikes on Iran, triggering a risk-on rally that lifts the pound from intraday lows.

GBPUSD

The British pound spent most of Thursday under pressure, tracking broader risk-off moves as tensions between the US and Iran escalated. The currency drifted lower alongside other major pairs while Washington and Tehran exchanged threats.

A sharp reversal came after 17:30 GMT when President Trump announced the cancellation of planned evening strikes and indicated a deal was effectively reached. The pound surged on the de-escalation news, recouping earlier losses and posting a notable intraday swing.

The move highlights sterling's sensitivity to geopolitical risk and its tendency to rebound sharply when safe-haven flows reverse. Markets now focus on the next catalysts for the currency, with the peace rally suggesting positioning was heavily skewed short ahead of the announcement.

Source: FXStreet Forex News