Pound at 1.3340 Support as US CPI, UK GDP Test Thursday

The dollar has come under pressure after talks between US and Iranian officials stalled, keeping safe-haven demand elevated for gold rather than the greenback. Gold held support near 4000 an ounce, with resistance at 4200. Fed Chair Warsh testifies Wednesday, and traders expect remarks on the rate path, though the FOMC has said it needs more data before the next move.

On the equity side, the NAS 100 continued its climb despite geopolitical noise, with lower inflation expectations putting 30400 in sight and support firming around 28800. Investors are pricing more rate-cut bets as the data calendar fills out.

The UK GDP print Thursday will be the pound's second catalyst after the CPI. A strong reading would reinforce the Bank of England's cautious tone and keep the pair above 1.3340.