The GBP/USD pair faces selling pressure after registering modest gains in the previous day, trading near 1.3400 during the Asian session on Tuesday. The risk-sensitive pair weakens amid rising risk aversion as US-aligned Gulf states move closer to direct involvement in the Iran conflict, with Saudi Arabia signaling a potential military shift, according to a Wall Street Journal report.
Source: https://www.fxstreet.com/news/india-hsbc-manufacturing-pmi-down-to-538-in-march-from-previous-569-202603240500
