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%
AboutTraders FairTraders AwardsTrade Game
/
Pricing
Get started→
fxJul 6, 2026, 6:32 AM

GBP/USD Dips Below 1.3350 as Bullish Momentum Fades on Strait Tensions

The British Pound falls against the US Dollar, dipping below 1.3350, as bullish momentum weakens amid rising tensions in the Strait of Hormuz.

GBPUSD

The British Pound edged lower against the US Dollar on Monday, slipping below the 1.3350 level and putting an end to a seven-day winning streak. The move comes as renewed tensions in the Strait of Hormuz weigh on risk appetite and dampen the recent bullish momentum.

Traders are now watching for further developments in the region, which remains a key geopolitical flashpoint. The dip below 1.3350 suggests that the pound’s rally may be losing steam, though broader direction will depend on upcoming economic data and central bank signals.

Source: FXStreet Forex News