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The post GBP/USD appears vulnerable amid widening Middle East crisis appeared on BitcoinEthereumNews.com. GBP/USD Weekly Forecast: Pound Sterling appears vulnerableThe post GBP/USD appears vulnerable amid widening Middle East crisis appeared on BitcoinEthereumNews.com. GBP/USD Weekly Forecast: Pound Sterling appears vulnerable

GBP/USD appears vulnerable amid widening Middle East crisis

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2026/03/07 00:00
1 min read
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GBP/USD Weekly Forecast: Pound Sterling appears vulnerable amid widening Middle East crisis

The Pound Sterling (GBP) hit the lowest level in three months against the US Dollar (USD) near 1.3250 and staged a modest rebound, but ended the week deep in the red.

It was all about turning to the safe-haven and the world’s reserve currency, the USD, this week as the United States-Israel attack on Iran set off a deeper escalation in the Middle East and rattled global markets. Read more…

GBP/USD trades flat despite soft US jobs data

The British Pound (GBP) struggles for direction against the US Dollar (USD) on Friday, with GBP/USD consolidating after a short-lived spike following weaker-than-expected US labor market data. At the time of writing, the pair is trading around 1.3362, on course for a third straight weekly decline.

Despite the disappointing data, the figures did little to weaken the USD, as investors continued to favor the Greenback as a safe-haven asset amid the ongoing conflict between the United States and Iran. Read more…

Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-appears-vulnerable-amid-widening-middle-east-crisis-202603061514

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