# Pound Sterling Price News and Forecast: GBP/USD reclaims 1.3400 as Iran war fears ease ahead of US CPI

> The pound rose more than 0.5% against the US dollar on Monday, trading above 1.3400 as the dollar weakened. Markets also weighed easing concerns about escalation in the US-Iran war and awaited the latest US inflation report.

- Date: 2026-11-09 · published 2026-11-10T00:11:20.487Z
- Category: macro · region UK and US · magnitude low
- Page: https://feedsoft.ai/events/90365-pound-sterling-price-news-and-forecast-gbp-usd-reclaims-1-3400-as-iran-war
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker safe-haven dollar and reduced geopolitical risk supported sterling, lifting GBP/USD. The upcoming US CPI release could shift expectations for interest rates and currency demand.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-02-12 | [2020-2021 Exchange Rate Forecast: Pound Sterling And Dollar To Lose Ground This Year Say Commerzbank](https://feedsoft.ai/events/54834-2020-2021-exchange-rate-forecast-pound-sterling-and-dollar-to-lose-ground-this.md) | +0.4% | +1.6% |
| DXY | 2022-01-31 | [Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD? \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/43342-euro-jumps-ahead-of-eu-gdp-and-german-cpi-as-us-dollar-pauses-where-to-for-eur.md) | -0.8% | -0.7% |
| DXY | 2025-12-18 | [GBP/USD firm as BoE rate cut lifts Sterling, soft CPI weighs on Dollar](https://feedsoft.ai/events/21760-gbp-usd-firm-as-boe-rate-cut-lifts-sterling-soft-cpi-weighs-on-dollar.md) | -0.6% | -0.1% |
| DXY | 2021-08-31 | [USD/INR Price News: Rupee rises towards 73.00 as India coronavirus fatalities ease — Octa](https://feedsoft.ai/events/45839-usd-inr-price-news-rupee-rises-towards-73-00-as-india-coronavirus-fatalities.md) | -0.2% | +0.9% |
| DXY | 2022-07-28 | [Pound Sterling Extends Gains against Euro and Dollar on post-Fed Relief](https://feedsoft.ai/events/40759-pound-sterling-extends-gains-against-euro-and-dollar-on-post-fed-relief.md) | -0.3% | +0.2% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-reclaims-13400-as-iran-war-fears-ease-ahead-of-us-cpi-202611091615

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.