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Pound Sterling weakens as USD rallies after Trump’s address to the nation

FXStreet 2026-04-02 02:06
Pound Sterling weakens as USD rallies after Trump’s address to the nation

News brief

The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot prices decline to the mid-1.3200s after US President Donald Trump's comments. The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the…

Why traders care

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.

What to watch next

  • Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.

The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot prices decline to the mid-1.3200s after US President Donald Trump's comments. The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the… The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot prices decline to the mid-1.3200s after US President Donald Trump's comments. GBP/USD attracts heavy selling as Trump’s comments dampen de-escalation hopes and boost USD.Rallying Crude Oil prices revive inflation fears and bolster Fed rate hike bets, further lifting the USD.Economic concerns stemming from the Iran war undermine the GBP and also weigh on spot prices.The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the… 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.

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