GBP/USD recovers a major part of its intraday losses, climbs back above mid-1.2500s – FXStreet

GBP/USD is attracting some bullish buying after falling to around 1.2500 during the day. The US dollar has struggled to capitalize on its modest gains, giving some support to the majors. Bets that the Fed will slow interest rate cuts and rising U.S. Treasury yields could favor dollar bulls and cap any upside. The GBP/USD […]