British Pound

GBP/USD is Trading with Clear Dovish Bias Recording Sharp Decline

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

GBP/USD: The pair is trading with clear dovish bias recording consecutive sessions of sharp decline. The pair is currently trading above the 1.2300 handle but has declined below the mentioned price mark several times in intra-day activity, hinting at the possibility of further decline given weakness surrounding GBP bulls on local factors. Traders now await US data for short term profit opportunities. 

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