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GBP/USD climbed to its highest level in two weeks above 1.2800 on Friday. Following a mixed reaction to the US June jobs report, which showed an increase of 209,000 in Nonfarm Payrolls, the USD came under heavy selling pressure, boosting the pair.
Gold price turned north and advanced beyond $1,930 ahead of the weekend. The benchmark 10-year US Treasury bond yield retreated toward 4% following the disappointing NFP reading and the USD started to weaken against rivals, helping XAU/USD gain traction.