GBP/USD slipped 0.1% to 1.3563 as the dollar steadied amid cautious risk sentiment over Middle East negotiations.\\nING Group notes the dollar modestly above pre‑conflict levels, pricing about 10 bps of Fed easing by year‑end after soft US producer prices.\\nExpectations for BoE tightening eased as Governor Andrew Bailey emphasized patience and downplayed second‑round inflation risks, limiting pound upside.\\nEuro near recent highs but ECB rate‑hike outlook faces downside risk unless Middle East peace progress becomes clearer, per ING analysis.