Trump’s Iran Threat Could Fuel USD Strength | Pound in Danger!British Pound vs US DollarPEPPERSTONE:GBPUSDJoeChampionHey Traders, in today’s trading session we are monitoring GBPUSD for a selling opportunity around the 1.33000 zone. GBPUSD is trading in a downtrend and is currently in a correction phase, in which it is approaching the trend near the 1.33000 support and resistance area. From a macro perspective, the US dollar remains strongly supported by rising safe-haven demand as markets move into a defensive tone ahead of President Trump’s deadline for Iran to reopen the Strait of Hormuz. The threat of further strikes if Iran refuses has pushed oil prices sharply higher and increased global risk aversion, which is keeping strong bid pressure on the dollar today. For GBPUSD specifically, this creates a strong bearish backdrop. Higher oil prices increase inflation risks globally, which supports US Treasury yields and reduces expectations for near-term Fed cuts. At the same time, the pound remains vulnerable as traders prefer the safety of the dollar over European currencies during geopolitical stress. Recent market commentary also shows sterling struggling to hold rebounds as the USD benefits from haven flows and stronger US macro sentiment. The 1.33000 resistance zone becomes a high-probability sell area if price delivers bearish confirmation, as the pair’s corrective move may run into both technical resistance and a fundamentally stronger US dollar narrative. A rejection from this level could open the door for continuation toward recent lows, especially if tonight’s Trump–Iran deadline produces another risk-off wave in markets.