Sterling Gains, Breaks Above 200-Day EMA Near 1.3400

The British pound edged higher on Thursday, adding roughly a tenth of a percent against the U.S. dollar. Cable was last seen just above the 1.3400 handle, having pierced the 200-day exponential moving average (EMA) for the first time since an extended period below that technical level.

Traders are now watching whether the pound can sustain the breakout. The move comes amid broader market focus on UK policy developments, though today's price action appears largely technical in nature.