The GBP/USD currency pair has dropped to 1.3052, driven by a technical breakdown and reactions to recent economic data. The decline follows the release of UK inflation figures and a delayed U.S. jobs report, pushing the pair below the critical 1.30837–1.30956 swing zone. Traders are now eyeing the November low of 1.3009 and the key psychological level of 1.3000, with further declines potentially targeting 1.29414. A recovery above the swing zone could indicate a corrective rebound.
GBP/USD Falls to 1.3052 Amid Technical Breakdown and Economic Data
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