GBP/USD GRINDS HIGHER PAST 1.1900 AHEAD OF UK DATA DUMP, US NFP I GBP/USD seesaws within a choppy range after two-day rebound from the lowest levels since late November 2022. Hopes of no recession in the UK, upbeat efforts to lure more stock market listings help Cable buyer. Mixed US data, pullback in yields weigh on US Dollar ahead of the key US jobs report. UK’s monthly GDP for January will be crucial to watch amid economic slowdown chatters but US NFP is the key. GBP/USD makes rounds to 1.1930-20 during early Friday morning in Asia as bulls take a breather after the biggest daily jump in more than a week ahead of the key statistics from the UK and the US. That said, the risk-off mood failed to extend the US Dollar’s run-up on Thursday amid US data, which in turn joined a retreat in the key US Treasury bond yields to weigh on the greenback. While portraying the mood, Wall Street benchmarks closed with more than 1.5% daily losses each but the US 10-year and two-year Treasury bond yields eased to 3.92% and 4.87% versus 5.08% and 4.01% daily open respectively. It should be noted that the US Dollar Index (DXY) managed to pare some of the daily losses by the end of Thursday but failed to ignore the biggest daily fall in a week. At home, hopes of economic recovery and more stock market listings seem to help the Cable pair amid a light calendar during the week. .