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fxJul 3, 2026, 1:15 AM

GBP/USD Rises to Near 1.3350 as Weak US Jobs Data Pressures Dollar

The British Pound strengthened to near 1.3350 against the US Dollar after a weaker-than-expected US Nonfarm Payrolls report weighed on the greenback.

GBPUSD

The GBP/USD pair traded with mild gains near 1.3350 during early Asian hours on Friday. The US Dollar edged lower against the Pound following a weaker-than-expected US Nonfarm Payrolls (NFP) report, which pointed to cooling in the labor market.

US markets are closed on Friday in observance of the Independence Day holiday. The subdued dollar momentum provided support for the British Pound, keeping the pair in positive territory.

Traders may now look ahead to next week’s economic data for further direction, with the Bank of England policy outlook also in focus.

Source: FXStreet Forex News