The Pound Sterling (GBP) has fallen to around 1.3300 against the US Dollar (USD) during Tuesday's North American session after encountering selling pressure near the significant resistance level of 1.3400. This decline in the GBP/USD pair followed the release of the US JOLTS Job Openings data for August, which exceeded expectations at 8.04 million, compared to the forecast of 7.67 million and July's figure of 7.71 million. Additionally, the ISM Manufacturing PMI for September held steady at 47.2, which was below the anticipated 47.5.
The US Dollar was already on a strong footing as investors remained cautious ahead of upcoming labor market data from the US, which is expected to provide new insights into the Federal Reserve's potential interest rate cuts for the remainder of the year.
