GBP/USD soft in Asia, remains under pressure as USD hovers near 2-yr high

Diminishing scope for the Fed to cut interest rates much further caps

U.S.10-year yield stays elevated after hitting 8-month high Thu, weighs

Uncertainty on Britain's economic outlook for 2025 keeps GBP on back foot

possible Fed-BoE rate divergence in 2025 likely to limit GBP rallies

Asia range 1.2519-1.2536; support 1.2500,1.2475,resistance 1.2550, 1.2600-10

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