British Pound

GBP/USD is Trading Positive in the Global Market Against USD

GBPUSD Hourly (H1) Chart
GBPUSD Hourly (H1) Chart

GBP/USD: The pair is trading positive in the global market against USD as BOE Carney said that BOE is ready to take all measures needed to support the economy from coronavirus outbreak woes. USD’s recovery supported by a rebound in US T.Yields keeps gains capped below the 1.2920 handle. Traders await cues from the G7-conference call for directional cues. 

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