![GBP/USD climbs above 1.2600, driven by optimistic UK data GBP/USD climbs above 1.2600, driven by optimistic UK data](https://shmi.ir/wp-content/uploads/2023/11/GBPUSD-climbs-above-12600-driven-by-optimistic-UK-data-150x203.jpg)
[ad_1] Share: GBP/USD hits 12-week high amid positive data The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose. The GBP/USD is trading at 1.2606 after hitting a high of