British Pound

GBP/USD: The Pair is Trading Positive in the International Market

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

GBP/USD: The pair is trading positive in the international market with intra-day momentum helping GBP breach 1.24 handle and prevalent risk sentiment. But lack of fundamental support for GBP bulls resulted in price falling below the 1.2400 handle yet again, and the price action has seen remained range-bound between 1.2355-1.2380 handle. At the same time, traders await US data for short term profit opportunities. 

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