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

June 25, 2020

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.

Please feel free to share your thoughts with us in the comments below. 

Is this article Helpful?

Total Views: 52

Sign up to My Spread

Most Viewed Articles

Most Popular Articles

Latest Market Commentary

China Bulls Tire & Earnings Apprehension – MARKET WRAP

Good morning. Here are our market highlights: – China Stocks Snap 8-day winning Streak – Shanghai Composite drops over % – European shares open lower, Wall St futures down – …

Popular Articles about Trading

No Result found