GBP/USD holds firm at around 1.3500 on Tuesday amid reports of a possible end to the war between Ukraine and Russia. At the same time, traders await inflation data in the UK, the latest minutes of the Federal Reserve’s (Fed) July meeting, and the Fed Chair Jerome Powell's speech at Jackson Hole.
The EUR/CAD pair retraces to near the round-level figure of 1.6100 during Monday’s European trading session after posting a fresh seven-year high around 1.6187 in early Asian trading hours.
The GBP/JPY cross regains positive traction at the start of a new week and climbs back closer to the 200.00 psychological mark during the Asian session.