GBP/USD attracts some buyers above 1.3550 after Middle East ceasefire

  • The GBP/USD pair gains traction to around 1.3560 during the early European session on Tuesday, bolstered by the weaker US Dollar (USD). Traders will closely watch the Bank of England's (BoE) Governor Bailey speech, along with the Federal Reserve's (Fed) Chair Jerome Powell's semiannual testimonies later on Tuesday.