Gold Research
British Pound holds below 1.33 as Trump warns Iran, Oil jumps
The Pound Sterling holds firm on Wednesday as the US-Iran conflict escalates, with US President Donald Trump warning of further attacks on Iran in retaliation for Tehran's strikes on US forces in Jordan. The GBP/USD trades below 1.3300, barely unchanged.
The Pound Sterling holds firm on Wednesday as the US-Iran conflict escalates, with US President Donald Trump warning of further attacks on Iran in retaliation for Tehran's strikes on US forces in Jordan. The GBP/USD trades below 1.3300, barely unchanged.
Gold impact rationale
Rising geopolitical risk strengthens gold's defensive appeal.
- Source: FXStreet news
- 2026-07-29
- geopolitics
- price_action
Topics: gold news, gold price impact, geopolitics, price_action