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• GBP/USD -0.1% in Asia as elevated U.S. yields keep dollar broadly supported
• US 10-year, 30-year yields hit multi-year highs on Thu before paring gains
• Softer-than-expected US PCE, waning Oct Fed rate bets largely shrugged off
• GBP weighed by risk aversion, firm energy prices as US-Iran talks stall
• But fares better than peers on robust Q2 UK GDP; GBP at 6-week high vs euro
• UK tops G7 growth rankings in H1 2026 as economic momentum builds
• Support 1.3230, strong base at 1.3200-05, then 1.3140-1.3160 Mar, June lows
• Resistance 1.3275-80, 1.3300-10; Thu range 1.3223-1.3311,Asia
1.3251-1.3272
UK GDP:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)