Uncertainties around Omicron restrictions in the UK pound the pound.
USD fails to benefit from risk-off flows, as Treasury yields sink across the curve.
GBP/USD is trading close to 1.3200, meandering near daily lows, as the sentiment around the pound remains weighed down by the growing uncertainties surrounding the Omicron covid variant-induced restrictions in the UK.
The latest selling wave was triggered by the comments from the UK Deputy Prime Minister Dominic Raab, citing that he cannot guarantee further restrictions, as the Kingdom nears the festive period.
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