{"id":30363,"date":"2026-03-10T23:59:34","date_gmt":"2026-03-10T23:59:34","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30363\/"},"modified":"2026-03-10T23:59:34","modified_gmt":"2026-03-10T23:59:34","slug":"amid-middle-east-tensions-sterling-rose-above-1-3450-as-a-weaker-us-dollar-persisted-trump-said-war-neared-end","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30363\/","title":{"rendered":"Amid Middle East tensions, Sterling rose above 1.3450 as a weaker US Dollar persisted, Trump said war neared end"},"content":{"rendered":"The Pound Sterling rose modestly on Tuesday in the North American session as the US Dollar stayed weak, even with ongoing tensions in the Middle East. US President Trump said the end of the war is near.\n\nAt the time of writing, GBP\/USD traded at 1.3467 after reaching a daily high of 1.3483.\n\n<h3>Historical Pattern And Dollar Weakness<\/h3>\nWe are seeing a pattern that reminds us of events from a few years ago, such as in early 2018. Back then, we saw GBP\/USD push past 1.3450 even with geopolitical risks rising, simply because the dollar was broadly soft. This shows that the dollar does not always act as a safe haven, especially when its own fundamentals are weak.\n\nCurrently, the dollar is softening despite ongoing trade tensions in Asia, creating a similar dynamic. Recent US inflation data for February 2026 came in at a cooler-than-expected 2.8%, shifting expectations for Federal Reserve policy. The market is now pricing in more than a 65% chance of a rate cut by the third quarter, which is weighing heavily on the greenback.\n\nAt the same time, the Pound Sterling is finding support from a more hawkish Bank of England. UK wage growth data remains sticky, holding firm at 5.9% in the latest reading for January 2026, which is keeping pressure on the central bank to not cut rates prematurely. This policy divergence between a dovish Fed and a patient BoE is the main driver for the pair.\n\nFor derivative traders, this suggests positioning for further GBP\/USD strength in the coming weeks. Buying call options with strike prices above the current 1.2850 area could be an effective strategy to capture a potential move toward the 1.3000 psychological level. This approach offers a way to profit from the expected upward trend while capping downside risk.\n\n<h3>Derivative Strategy Considerations<\/h3>\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Pound Sterling edged higher as weak US Dollar persisted amid Middle East tensions; Trump suggested war\u2019s end.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30363","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30363"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}