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fxJun 8, 2026, 3:45 PM

British Pound Edges Higher as Iran-Israel Halt Hostilities

The British Pound rose 0.10% on Monday as risk appetite improved following a ceasefire between Iran and Israel, with US President Trump demanding an end to hostilities to resume talks.

GBPUSD

The British Pound saw modest gains of 0.10% on Monday amid a broader improvement in risk sentiment. The move came after Iran and Israel agreed to halt hostilities, following a demand by US President Donald Trump to stop the fighting.

Trump called for a resumption of talks between Washington and the involved parties, easing geopolitical tensions that had weighed on risk assets. The Pound benefited as investors moved away from safe havens toward higher-yielding currencies.

No further details on the ceasefire terms or the timeline for talks were provided in the initial reports.

Source: FXStreet Forex News