General · 27 May 2026
Pound Stays Above 1.3450 Against Dollar
Photo by Colin Watts on Unsplash
Currency traders may see smaller swings as gains in sterling look capped by world tensions and interest-rate expectations. During Wednesday's Asian trading, GBP/USD recovered part of Tuesday's drop and moved back above the mid-1.3400 range after buyers returned. Hopes for a US-Iran agreement and softer inflation worries weighed on the dollar, while views on Federal Reserve and Bank of England policy restrained sterling.
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