The Pound Sterling has seen a decrease in value against the US Dollar due to risk aversion in the market. The GBP/USD exchange rate has depreciated as investors have become more cautious and are moving towards safer assets. This change in sentiment has led to a decline in the value of the Pound Sterling. Traders are closely watching the market for any signs of improvement in risk appetite that could potentially boost the value of the Pound Sterling against the US Dollar.
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