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Breaking Posted 4 hours ago

US-Iran Talks Delayed, Pound Slips on Burnham Political Upset

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US-Iran negotiations planned for Friday in Switzerland have been cancelled, with VP JD Vance confirmed not departing Thursday night. Separately, Andy Burnham won a UK parliamentary by-election, signalling a direct leadership challenge to PM Keir Starmer. The pound edged lower on the political news. GBP/USD faces near-term downside pressure as UK political uncertainty rises around Starmer's leadership. USD pairs may see safe-haven flows if Iran tensions escalate following the collapsed talks, making EUR/USD and USD/CHF worth monitoring.
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@asuquokelvin · 3 hours ago

This will really weigh on gbp

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