GBP/USD technical analysis: Cable losing steam below 1.2570 resistance

GBP/USD is trading in a bear trend below its main daily simple moving averages (DSMAs). The market is correcting up after Fed’s Powell dovish comments
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USD/JPY climbs to 108.30 supported by rising US T-bond yields

The USD/JPY pair dropped below the 108 mark earlier in the day amid the broad-based USD weakness but didn't have a difficult time staging a rebound in
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