The GBP/USD pair extends the decline to near 1.3625 during the Asian trading hours on Thursday. The Pound Sterling (GBP) faces some selling pressure amid a selloff in British government bonds.
USD/JPY has slipped below its multi-month trend line and is inching toward a critical support zone near 142.10/141.50, with momentum indicators showing no clear conviction. A decisive break could open the way to deeper losses toward 140 and even 136.50, Societe Generale's FX analysts report.
The Pound Sterling (GBP) ticks down to near 1.3735 against the US Dollar (USD) during the European trading session on Wednesday.