GBPUSD: The pair is holding steady above 1.24 handle for now but the pair is swinging between 1.23 and 1.24 handle in intra-day session over the impact from last week’s Fitch rating downgrade for UK economy. Further firm USD also adds pressure to GBP bulls resulting in a clear dovish tone despite price holding within familiar price levels. Traders now await fresh cues from US market hours for short term profit opportunities.
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