GBP/USD The incoming data have been signalling a slowdown in the British economy, which coupled with persistent fears of a no-deal Brexit continued exerting some pressure on the major for the second consecutive session.
The downside, however, seemed limited, at least for the time being, with the pair managing to hold its neck above the 1.2600 handle amid a subdued US Dollar demand, weighed down by sliding US Treasury bond yields.
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