@gauravshah96 on GBPUSD | PriceONN Community
Has anyone been analyzing the correlation between GBPUSD and the UK 10-year bond yield? I've noticed some divergence recently, with the yield rising while GBPUSD remains relatively stagnant. This could indicate underlying weakness in the currency. Also, the BOE's rhetoric seems to be less hawkish than anticipated, which might be weighing on the pound. Furthermore, with the dollar strength persisting, it would be interesting to see if cable can hold above 1.3450. Any thoughts on how these factors might play out in the short to medium term?