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fxJul 10, 2026, 4:26 PM

British Pound Holds Firm as Trump Ceasefire Comment Tests USD

The British Pound remained steady on Friday as risk appetite declined after President Trump stated on social media that the ceasefire is over, despite ongoing negotiations. GBP/USD traded at 1.3406.

GBPUSD

The Pound Sterling held firm during the North American session on Friday, with risk appetite deteriorating after US President Donald Trump posted on social media that the ceasefire is over, even as negotiations continued.

At the time of writing, the GBP/USD pair was trading at 1.3406, reflecting a steady performance for the British currency against a broadly tested US dollar.

The development adds a fresh geopolitical layer to forex markets, with traders monitoring the impact of Trump's statement on risk sentiment and dollar positioning.

Source: FXStreet Forex News