Risk Sentiment and Dollar Strength Pressure GBP/USD
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Global risk sentiment continues to play an outsized role in GBP/USD price action, with safe-haven dollar flows periodically overwhelming sterling-specific fundamentals.
Macro uncertainty surrounding growth trajectories in both the UK and US economies is keeping traders cautious, limiting conviction on either side of the pair.
Until clearer directional catalysts emerge, GBP/USD is likely to remain sensitive to broader market mood swings, with intraday volatility expected to persist as capital rotates between risk-on and risk-off positioning.