gbp-usd
FTSE 100 Set to Surge on Trade Deal Buzz as GBP/USD Resumes Uptrend?
Despite troubling economic signals from Britain, optimism around an imminent trade agreements is fueling new strength in the FTSE 100 and...
•
Last updated: Wednesday, June 4, 2025
Quick overview
- Optimism around a potential trade agreement between the UK and the US is strengthening the British pound despite ongoing economic challenges in Britain.
- The GBP/USD currency pair has shown bullish momentum, climbing back toward the 1.34 level amid reports of nearing trade deal finalization.
- Key UK industries, particularly automotive brands, may benefit from revised tariffs and quotas, providing relief amid a sluggish domestic economy.
- Traders are closely monitoring developments, betting that a formal agreement could further boost the pound in the near future.
Live GBP/USD Chart
GBP/USD
MARKETS TREND
Despite troubling economic signals from Britain, optimism around an imminent trade agreements is fueling new strength in the FTSE 100 and the British pound.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Sidebar rates
Join 350 000+ traders receiving Free Trading Signals
