GBP/USD trades flat at 1.3410 as investors pause activity to monitor the upcoming US Midterm Elections, limiting volatility in the pair during the European session.
GBP/USD trades flat as markets await US midterm elections.
The British Pound remains range-bound against the US Dollar, trading near 1.3410 during Tuesday's European session. Market participants are exercising caution as they await the start of the US Midterm Elections, leading to a period of consolidation for the currency pair.
The pair is consolidating as investors shift their focus toward the US Midterm Elections, leading to reduced volatility in the currency markets.