Pound Sterling Price News and Forecast: GBP/USD slips as higher Oil, US yields boost the US Dollar

AI Briefing

• – GBP falls 0.16% as USD gains on rising oil and US yields.
• – GBP/USD trades at 1.3400 after reaching a daily high of 1.3445.
• – Markets expect no Fed rate cut in 2026, supporting USD strength.