Pound Sterling Price News and Forecast: GBP edges slightly lower

Sterling slides deeper into tariff slump

The pound had another rocky day on Monday as snowballing concerns over the impact of American trade tariffs rippled through currency markets. GBP/EUR lost half a cent from where it ended last week and paired that with an even greater fall of over 1% against the US dollar.

Pound Sterling Price News and Forecast: GBP edges slightly lower

The Pound Sterling (GBP) gives up its intraday recovery move and tumbles to near 1.2800 against the US Dollar (USD) during Monday’s North American session, the lowest level seen in a month.

Pound Sterling to Swiss Franc Rate Hits 8-Month Lows as Fear Dominates

Risk appetite has slumped again on Monday with a fresh flood into defensive assets. The Japanese Yen and Swiss franc have strengthened further while the Pound...