GBP/USD traded at 1.3515 on Tuesday as the US dollar strengthened. Pressure on the pound intensified at the start of the week following a sharp escalation of the US-Iran conflict, with markets fearing the breakdown of the truce and rotating into safe-haven assets. The trigger was heightened tensions around the Strait of Hormuz. The US […]

The post Pound Declines Amid Geopolitics and Political Risks appeared first on ActionForex.