GBP/USD Under Pressure as Trump Signals Displeasure with UK

GBP/USD faces downside pressure following comments from US President Trump expressing dissatisfaction with the United Kingdom, raising concerns about the future trajectory of US-UK trade and diplomatic relations. Trump rated France's efforts an 8 out of 10 on geopolitical cooperation regarding the Strait of Hormuz, while signaling surprise and displeasure with the UK's stance, though he added he believes the UK 'will be involved' eventually. The comments also touched on Iran's willingness to negotiate a deal, with Trump noting uncertainty about Iran's readiness. The geopolitical backdrop around the Strait of Hormuz — a critical oil transit chokepoint — adds layers of risk sentiment to the forex landscape. EUR/USD may benefit from the relatively favorable tone toward France, while GBP crosses could see volatility. Traders should monitor further developments in US-UK relations and any coalition announcements from Secretary Rubio, as these could drive near-term directional moves in sterling pairs and broader risk sentiment.