GBP/USD spikes almost 1/2 cent, short squeeze in play

FXStreet (Bali) - Ahead of the UK employment data, the GBP/USD has been able to press higher, breaking Tuesday's high at 1.5147, which had led to some sizeable stops being triggered, taking the quote all the way to 1.5185.

See latest on GBP/USD: Firmer tone ahead of UK employment data