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fxJun 19, 2026, 3:30 PM

Pound Sterling Rebounds After Three-Month Low as Holiday Thins Trading

GBP/USD recovered from a three-month low of 1.3163 on Friday, edging up 0.18% to 1.3226 in thin holiday trade. The move was helped by a pause in USD buying after the Fed's hawkish tilt, though the pair is still on track for weekly losses.

GBPUSD

The British Pound recouped some losses on Monday, rising 0.18% to trade at 1.3226 after touching a three-month low of 1.3163 on Friday. The rebound occurred amid thin trading conditions due to a US holiday, which slowed the US dollar's advance.

The dollar had been supported by the Federal Reserve's hawkish policy tilt, but the lack of fresh catalysts in holiday-thinned markets allowed the Pound to edge higher. Despite the daily gain, GBP/USD remains poised to end the week with losses.

Traders should note that liquidity is below average, which could exaggerate price moves.

Source: FXStreet Forex News