GBP/USD Tanked Below 1.2600 After US NFP And ISM PMIs Data
September 02, 2023 at 17:55 PM EDT
The pound slumped late in the New York session versus the greenback on Friday as US Treasury bond yields rose and bolstered the US dollar. The GBP/USD currency pair hit a daily high of 1.2712 before reversing its course and diving.