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fxSep 7, 2026, 12:58 AM

Pound edges higher toward 1.3520 as dollar softens

GBP/USD trades near 1.3520 in Asian hours on Monday, recovering from minor losses as the US dollar weakens despite rising Fed rate-hike expectations.

GBPUSD

GBP/USD is inching higher in Asian trading on Monday, hovering around 1.3520 after posting minor losses in the previous session. The move comes as the US dollar struggles for direction.

Dollar weakness is being noted despite a surge in Fed rate-hike odds. Market attention is turning to this week's inflation data, which a Goldman Sachs report is said to highlight as a key focus.

Source: FXStreet Forex News