Cable falls to 1.2990 following weaker than expected UK Feb GDP data, +0.1%

See: nL5N2W90Y3. 1.2990 = intra-day low. 1.2983 was Friday's 17-month low

USD supported by higher UST yields; 10-year up to 2.78% in Asia nL2N2W9097

Higher UST yields fuelled by expectation of aggressive Fed rate hikes

GBP/USD bear targets include 1.2854 (Nov 2020 low) and 1.2676 (Sep 2020 low)

UK's Sunak considered resigning over tax criticism-Sunday Times nL2N2W70EG