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fxJun 12, 2026, 1:52 PM

GBP/USD Poised to Fall Toward 1.3100 – BBH

Brown Brothers Harriman strategist Elias Haddad expects GBP/USD to decline to 1.3100 as US growth outperforms the UK.

GBPUSD

Brown Brothers Harriman (BBH) strategist Elias Haddad notes that GBP/USD has given back part of its gains tied to US-Iran tensions. The pair is now positioned to fall toward 1.3100, driven by stronger US economic growth relative to the UK.

No specific timeline was provided for the move. The outlook reflects a divergence in growth prospects between the two economies, with the US expected to maintain its outperformance.

Source: FXStreet Forex News