The GBP/USD capped its three-day decline, rose from weekly lows reached at around 1.2544, and exchanges hands near the 1.2600 figure, posting modest gains of 0.23% late in the North American session. Sentiment is one of the main drivers of the session, which remains positive to the detriment of the safe-haven status of the Greenback (USD). The GBP/USD remains underpinned by the drop of the buck, which, according to the US Dollar Index (DXY), drops 0.67% and trades at 103.48. Meanwhile, the labor market continues to ease pressure off the US Federal Reserve. Data during the current week, witnessed the rise in .

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