GBP/USD bulls take a breather below 1.2500 as US Q1 GDP looms – by anilpanchal7 GBPUSD RiskAversion GDP Brexit Banks
Markets turn dicey as traders take a breather after a volatile day, especially amid mixed updates and a cautious mood before important US growth data.
On a different page, the UK policymakers criticize the passages of the illegal migration bill, as well as the Tory government’s Brexit move. Additionally challenging the GBP/USD pair could be the political turmoil challenging UK Prime Minister Rishi Sunak on an ethical basis. Amid these plays, US Treasury bond yields remain directionless while the S&P 500 Futures print mild gains of 0.20% around 4,083 by the press time, following a mixed close of Wall Street.
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