British Pound holds steady near 1.3450 amid US-Iran deal uncertainty
The post British Pound holds steady near 1.3450 amid US-Iran deal uncertainty appeared on BitcoinEthereumNews.com. The GBP/USD pair trades on a flat note near 1.3450 during the early Asian trading hours on Monday. The British Pound (GBP) stabilizes in a sideways consolidation mode following a highly volatile week. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US ISM Manufacturing Purchasing Managers Index (PMI) report later in the day. The BBC reported on Sunday that US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. Meanwhile, Iranian Foreign Minister Abbas Araghchi said that talks and message exchanges with Washington were ongoing but stressed that no assessment of negotiations could be made until a clear outcome was reached. The lack of progress in the US-Iran agreements could lift a safe-ha