In accordance with Bpaynews, GBP/USD extended its decline toward November lows as traders reacted to UK inflation data, a delayed U.S. jobs report, and a technical breakdown. The pair fell below the 1.30837–1.30956 swing zone, reaching a session low near 1.3052. Bears are now targeting the November low at 1.3009 and the 1.3000 psychological level, with a break below 1.3000 exposing the 1.29414 level. A recovery above 1.30837–1.30956 could signal a potential corrective rebound.
GBP/USD Drops to 1.3052 as Technical Breakdown Fuels Bearish Momentum
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