GBP/USD: The pair is trading with clear dovish bias despite broad-based improvement in risk sentiment in the global market. GBP’s loss is kept in check primarily due to USD’s weakness led by declining US T.Yields. But escalating odds of no-deal Brexit scenario as both EU&UK remain at loggerheads over complying with the block’s rules to keep the GBP under pressure preventing pair from scaling the 1.285 handle anytime soon.
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