
GBP/USD: The pair is trading firm above 1.23 handle as GBP continues to ride on USD’s temporary weakness. However, USD has managed to prevent further decline resulting in range-bound price activity within familiar price levels. Traders now await Fed update and Powell Speech for directional bias and short term profit opportunities.
Please feel free to share your thoughts with us in the comments below.
Was this post helpful?
Let us know if you liked the post. That’s the only way we can improve.