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

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. 

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