GBP/USD refreshes daily high near mid-1.3500s, stronger USD warrants caution for bulls By HareshMenghani GBPUSD Bonds Fed Brexit Currencies
Rising US bond yields provided a strong lift to the USD and capped any further upside.The GBP/USD pair
The pair attracted some dip-buying in the vicinity of the key 1.3500 psychological mark on Tuesday and is now looking to build on the overnight bounce from a four-day low. The uptick lacked any obvious fundamental catalyst and runs the risk of fizzling out rather quickly amid a goodish pickup in the US dollar demand.would tighten its policy at a faster pace triggered a fresh leg up in the US Treasury bond yields and underpinned the greenback.
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