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GBP/USD. Price Analysis and Forecast
The pound strengthened by more than
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The pound strengthened by more than 0.70% on Wednesday amid improved risk appetite following statements by U.S. President Donald Trump that the United States would "exit Iran fairly quickly." The GBP/USD pair rose above the psychological level of 1.3300 after rebounding from the intraday low of 1.3216, although the potential for further growth remains limited.Market optimism increased following reports of a possible near-term end to the conflict in the Middle East, which supported global stock indices and weakened the U.S.
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