GBP/USD Price Forecast: Seems poised to climb further as USD weakens on US-Iran optimism

The GBP/USD pair is seen building on the previous day's strong move up of around 125-pips and gaining some follow-through traction on Tuesday. GBP/USD scales higher for the seventh straight day as Iran diplomacy hopes undermine the USD.The divergent Fed-BoE policy expectations contribute to the momentum and favor bullish traders.The attention now shifts to the key US PPI… The GBP/USD pair is seen building on the previous day's strong move up of around 125-pips and gaining some follow-through traction on Tuesday. GBP/USD scales higher for the seventh straight day as Iran diplomacy hopes undermine the USD.The divergent Fed-BoE policy expectations contribute to the momentum and favor bullish traders.The attention now shifts to the key US PPI report and speeches from influential FOMC members.The GBP/USD pair is seen building on the previous day's strong move up of around 125-pips and gaining some follow-through traction on Tuesday. This marks the seventh straight day… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.