The British Pound is higher after U.S. President Donald Trump said a ceasefire between Israel and Iran "is now in effect".
A worst-case scenario for oil markets looks a reality as Iran takes steps towards shutting down the Strait of Hormuz following the destruction of its nuclear facilities following a U.S. bombardment.
The British Pound is under pressure against both the Euro and Dollar.
Pound Sterling a Favourite with Invesco
- Category: GBP
The British pound is a favoured currency in Invesco’s 2025 mid-year investment outlook.