GBP/USD Price Analysis: Slumps to fresh weekly lows as bears eye 1.2700

The British Pound fell to a new weekly low against the Greenback on Wednesday as US Treasury bond yields continued to climb.
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US Dollar recovers, DXY rises to 105.00 amid dismal market sentiment

The US Dollar Index (DXY) is showing a sharp recovery, hovering around the 105.00 mark on Wednesday.
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