GBP/USD FLIRTS WITH DAILY LOWS NEAR 1.2420, DOLLAR PICKS UP PACE

The US Dollar is getting stronger.
Because of this, the British Pound (GBP) is losing value against the US Dollar (USD).
GBP/USD is now near 1.2420, which is the lowest point of the day.
This happened after the US jobs report (NFP) for January was released.