GBP/USD holds below 1.2700 on firmer US Dollar, higher US yields

The GBP/USD pair weakens to 1.2695 during the early Asian session on Thursday.
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Fed's Bostic: Price gain breadth significant, less breadth would add to confidence for cut

Federal Reserve Bank of Atlanta President Bostic said on Thursday that the inflation path will be bumpy and less inflation breadth would add to confidence for a rate cut.
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