fbpx
GBPUSD

GBP/USD: The Pair is Seeing Positive Price Action Today

July 22, 2020
GBP/USD Hourly (H1) Chart
GBP/USD Hourly (H1) Chart

GBP/USD: The pair is seeing positive price action today with GBP scaling fresh 5-week highs as talks of stimulus measures in the US and Europe greatly improved broad market risk sentiment. USD’s weakness in the broad market also added strength to GBP’s rally, allowing pair to test mid-1.27 handle. Traders now await cues from the US market for short term profit opportunities. 

Please feel free to share your thoughts with us in the comments below. 

Is this article Helpful?

Total Views: 47
 

Sign up to My Spread

EURUSD

EUR/USD Trades Dovish Today Falling below the 1.18 handle

EUR/USD: The pair is trading with clear dovish bias today as pair fell below 1.18 handle on USD rebound. But positive EU area macro data helped prevent decline below the …

Most Viewed Articles

Most Popular Articles

Technical Analysis

EUR/USD Trades Dovish Today Falling below the 1.18 handle

EUR/USD: The pair is trading with clear dovish bias today as pair fell below 1.18 handle on USD rebound. But positive EU area macro data helped prevent decline below the …

The Daily Fix

Latest Market Commentary

USD/CAD: The Pair is Trading with Clear Positive Bias

USD/CAD: The pair is trading with clear positive bias but still remains below 1.34 mark for now. USD rebound in later European market hours failed to trigger a breakout rally, …

Popular Articles about Trading

No Result found