GBP/USD remained just under the 1.3550 level following a Monday session marked by limited trading activity due to the US Labor Day holiday. The currency pair experienced a range of 42 pips during the day, reflecting subdued market movement as American desks were closed.
According to FX Street, this muted trading environment contributed to the pair’s steady positioning, with no significant shifts observed. The upcoming week will be closely watched by traders anticipating renewed activity as US markets fully reopen.
For Japanese investors, the subdued FX market on Monday highlights the importance of monitoring global holidays and their impact on liquidity, especially when trading major currency pairs like GBP/USD.