The Pound Sterling tumbles sharply against the US Dollar, falling more than 1% on Friday as risk appetite deteriorates after China imposed tariffs on US goods, which triggered a reaction from US President Donald Trump.

The Pound Sterling tumbles sharply against the US Dollar, falling more than 1% on Friday as risk appetite deteriorates after China imposed tariffs on US goods, which triggered a reaction from US President Donald Trump.

GBP/USD briefly clipped the 1.3200 handle for the first time in six months on Thursday, climbing into fresh highs as the Greenback turns sour across the board.