GBP/USD Takes Advantage of USD’s Weakness on Jobless Claims

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

GBP/USD: The pair similar to Euro has managed to take advantage of USD’s weakness on jobless claims update and slowly climb above 1.26 handle. But, the lack of fundamental strength resulted in GBP losing some of its gains and consolidating around the 1.258 handle. Traders now await remaining US data for short term profit opportunity. 

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