Sterling near highs, gilt yields rise
By X-blogger - on June 12, 2025
Britain’s borrowing costs rose and sterling stayed close to recent three-year peaks against the dollar, as a multi-year spending review underlined fiscal challenges even as pressure mounts to boost the economy.
The Pound got a slight bump of 0.2% against the Dollar in the last session. The Stochastic-RSI is giving a negative signal.
Support: 1.3379 | Resistance: 1.3685
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