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fxAug 18, 2026, 6:29 AM

British Pound Dips to Fresh Lows Near 1.3520 After Mixed UK Employment Data

GBP/USD extends its decline toward the 1.3520 area after UK employment data fails to lift sentiment in a risk-off market.

GBPUSD

GBP/USD extended its reversal on Tuesday, slipping toward 1.3520 after UK employment figures were mixed and failed to provide support for sterling.

The June unemployment data did not convince investors to step back into the pound, leaving the currency exposed while broader markets remained risk-averse. Middle East tensions added to the cautious tone, supporting the US dollar against the pound.

The combination of soft domestic data and external risk pressure kept GBP/USD near fresh lows in the update.

Source: FXStreet Forex News