{"id":44085,"date":"2026-04-06T07:18:20","date_gmt":"2026-04-06T07:18:20","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/44085\/"},"modified":"2026-04-06T07:18:20","modified_gmt":"2026-04-06T07:18:20","slug":"gbp-usd-attracts-buyers-near-1-3175-in-asia-breaking-a-two-session-slide-for-pound-sterling","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/44085\/","title":{"rendered":"GBP\/USD attracts buyers near 1.3175 in Asia, breaking a two-session slide for Pound Sterling"},"content":{"rendered":"GBP\/USD drew dip-buying near 1.3175 in Monday\u2019s Asian session and snapped a two-day losing run. It moved back above 1.3200, but gains stayed limited as geopolitical risks continued.\n\nA report cited by Bloomberg, via Axios, said the US, Iran and regional mediators are discussing terms for a possible 45-day ceasefire. This eased demand for the safe-haven US Dollar and supported GBP\/USD.\n\nLater in the session, GBP\/USD traded around 1.3190 and stayed in negative territory for a third straight day. The US Dollar held support as uncertainty in the Middle East lifted safe-haven demand.\n\nUS President Donald Trump set Tuesday as a deadline for Iran to reopen the Strait of Hormuz, with threats against power plants, bridges and other infrastructure. Iran said it would retaliate against comparable assets linked to the US and that the strait would remain closed until compensation for war-related damage is secured.\n\nGBP\/USD posted a second consecutive weekly pullback, mainly tied to geopolitics. Markets do not expect Bank of England rate cuts this year and price in about 50 basis points of tightening by year-end.\n\nWe recall how last year, in 2025, the market struggled with GBP\/USD around the 1.3200 handle due to significant geopolitical stress. Even as traders were pricing in Bank of England rate hikes, the overwhelming demand for the safe-haven US dollar capped any gains. This period served as a stark reminder of how global risk can dominate domestic policy expectations.\n\nLooking at the market today, on April 6, 2026, the pair is trading significantly lower, near 1.2550. While the Bank of England is holding rates firm at 5.25% to combat persistent inflation, which the latest data shows is around 3.5%, this hawkish stance is now fully priced in. The expected rate hikes of 2025 have materialized but have failed to provide a lasting lift for the pound.\n\nThe US dollar’s strength remains the dominant factor, fueled by a robust American economy that continues to add over 250,000 jobs per month, discouraging any immediate thoughts of a Federal Reserve pivot. This dynamic keeps downward pressure on GBP\/USD, suggesting that any rallies are likely to be sold into. Given this outlook, we believe implied volatility in the pair may be undervalued, especially if the market grows complacent.\n\nTherefore, a strategic response for the coming weeks would be to establish bearish positions or hedge long exposure. We are looking at buying GBP\/USD put options with expiries in May to capitalize on potential further weakness. Positioning for a break below the 1.2500 psychological level seems prudent given the fundamental backdrop.\n

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GBP\/USD rebounds above 1.3200 on ceasefire hopes, but Middle East tensions and safe-haven demand limit gains.<\/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-44085","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\/44085","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=44085"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44085\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}