British Pound

GBP/USD is Trading with Clear Positive Directional Bias


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

GBP/USD: The pair is trading with clear positive directional bias and remains firmly rooted above 1.22 handle as its post-Brexit global tariff regime update was welcomed by many in the global market with a positive tone. USD weakness and Vaccine cues also helped GBP bulls gain positive fundamental support. Traders now await US data and senate testimony for short term trading cues and profit opportunity.

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