GBP/USD climbs to 1.2600, away from multi-month low set on Friday on weaker USD
GBP/USD kicks off the new week on a positive note and snaps a three-day losing streak. Retreating US bond yields prompts some USD profit-taking and lends support to the pair. Reduced bets for a December BoE rate cut underpin the GBP and further act as a tailwind. The GBP/USD pair opens with a bullish gap…