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fxJul 20, 2026, 1:23 AM

GBP/USD Steady Near 1.3450 as US-Iran Tensions Escalate

The British pound holds around 1.3450 against the US dollar as traders weigh rising US-Iran tensions following the reported death of a third American service member.

GBPUSD

The GBP/USD pair traded near 1.3450 in early Asian trading on Monday, remaining largely unchanged as markets assess the latest developments in US-Iran relations.

Tensions escalated after the US announced a third American troop was killed in the region during recent strikes. Investors continue to monitor the geopolitical situation for potential impacts on currency markets.

No significant economic data releases are driving the pair at the moment, with focus firmly on the evolving geopolitical landscape.

Source: FXStreet Forex News