The British Pound weakens against the US Dollar as political uncertainty in the UK fuels risk aversion during Asian trading.
The GBP/USD pair fell to near 1.3350 in early Asian trading Friday, extending losses amid heightened political uncertainty in the UK. Selling pressure emerged around 1.3365, reflecting investor caution ahead of key developments in British politics.
The decline follows a period of relative stability for the pair, which had traded above 1.3400 earlier in the week. Political risks in the UK have weighed on sentiment, though broader USD strength also contributed to the move.
Markets showed limited immediate reaction, with focus shifting to upcoming economic data and policy signals from both the UK and US.