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Pound to Dollar Price Forecast: GBP Falls as Middle East Conflict Boosts Dollar

Published Jul 17, 2026 2:30 AM Source: ExchangeRates Event Time: Jul 17, 2026 2:30 AM
Imported headline
Pound to Dollar Price Forecast: GBP Falls as Middle East Conflict Boosts Dollar

Source
ExchangeRates - https://www.exchangerates.org.uk/news/46525/2026-07-17-pound-to-dollar-price-forecast-gbp-falls-as-middle-east-conflict-boosts-dollar.html

Summary
The Pound to Dollar (GBP/USD) exchange rate weakened on Thursday as escalating conflict in the Middle East drove investors towards the safe-haven US Dollar despite another positive UK political development. At the time of writing, GBP/USD was trading at $1.3499, down around 0.3% on the day.