March 23, 2026

Pound Sterling declines as US prepares ground operation to seize Iran’s Kharg Island

March 23, 2026

Pound Sterling declines as US prepares ground operation to seize Iran’s Kharg Island

The GBP/USD pair faces some selling pressure near 1.3320 during the early Asian session on Monday, pressured by risk-off sentiment. Ongoing conflicts in the Middle East fuel demand for safe-haven currencies such as the US Dollar (USD) and create a headwind for the major pair. 

The GBP/USD pair faces some selling pressure near 1.3320 during the early Asian session on Monday, pressured by risk-off sentiment. Ongoing conflicts in the Middle East fuel demand for safe-haven currencies such as the US Dollar (USD) and create a headwind for the major pair. 

Article written by AdminFF

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