GBP/USD Bounces Back Strongly Above 1.2800 As US NFP Disappoints
August 02, 2024 at 11:25 AM EDT
GBP/USD rises above 1.2800 on disappointing US NFP and higher jobless rate. The USD Index posts a fresh four-month low near 103.30 after a weak labor market report. The BoE commenced its policy-easing campaign on Thursday.