By Ewen Chew — Jan 25 - 10:05 PM
GBP/USD fades from Thurs peak 1.2419, back to Wed close 1.2400
Base of Bollinger uptrend channel at 1.2361 will catch dips
USD slightly soft as US Treasury yields stay down; 10y 3.441%
US core PCE, GDP data due later should be next triggers
Expected softening in inflation should further weigh on USD
Asia stocks mostly up, led by HK, as S&P futures +0.1%
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Source:
Refinitiv IFR Research/Market Commentary