GBP/USD Hits 19-Week High on Risk Appetite and Bets on Faster Fed Rate Cuts
- GBP/USD climbed higher on Wednesday on broad risk appetite and USD weakness
- Markets betting on accelerated Fed rate cuts as soon as March
- Key data this week is Thursday's US Initial Jobless Claims
- GBP/USD hit 19-week high, on pace to close higher 8 of last 9 weeks
- Next target for GBP/USD bulls is breaking back above 1.3000 major handle