GBP/USD is Trading Positive in Today’s Mini-Budget

GBPUSD Hourly (H1) Chart

GBP/USD: The pair is trading positive as hopes for additional stimulus in today’s mini-budget announcement comes into focus. But, German Chancellor Merkel’s comments stating Brexit talks made little progress and rebound in USD kept gains capped under 1.26 handle while traders await fresh cues from the US market for short term profit opportunities. 

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