Pound Rises Against Weaker Dollar

GBP/USD pair trades above 1.3400 mark The GBP/USD pair has attracted dip-buyers, sponsored by a softer US Dollar. The uptick is limited by persistent geopolitical uncertainties. Renewed hostilities in the Gulf and a lack of progress in US-Iran diplomatic ne

GBP/USD pair trades above 1.3400 mark

The GBP/USD pair has attracted dip-buyers, sponsored by a softer US Dollar.

The uptick is limited by persistent geopolitical uncertainties.

Renewed hostilities in the Gulf and a lack of progress in US-Iran diplomatic negotiations keep risks in play, limiting deeper USD losses.

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