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GBPUSD

GBP/USD Trading With Clear Dovish Bias as Price Nosedived Below 1.245 Handles

June 25, 2020
GBPUSD
GBPUSD

GBP/USD: The pair is trading with clear dovish bias as price nosedived below the 1.245 handle, given pressure from Brexit woes. While the lack of progress in Brexit talks is a topic of concern, traders fear the UK’s hasty action to re-open the economy may cause a renewed outbreak in the country weighing down GBP considerably. Traders now await fresh cues and data from the USA for short term profit opportunities.

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