GBP/USD Continues to Hold Against US Dollar Steady above 1.25 Mark

GBP/USD Hourly (H1) Chart
GBP/USD Hourly (H1) Chart

GBP/USD: The British Pound continues to hold its exchange rate against US Dollar steady above 1.25 mark as both sides continue to haggle for control over price momentum. GBP remains weighed down by UK’s COVID-19 scenario woes while USD remains weak due to dovish retail sales projections. Traders now await US data for short term profit opportunities, but the price is unlikely to move above 1.26 handle in the immediate future. 

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