GBP/USD is Seeing Sharp Oscillations in Price Mostly Centered Above 1.235 Marks

GBPUSD Hourly (H1) Chart

GBP/USD: The pair is seeing sharp oscillations in price mostly centered above 1.235 marks. But disappointing UK data caused a pair to sink towards the mid-1.22 handle. Firm USD keeps pair under pressure, but price rebound over comments of PM Johnson’s infrastructure spending plans. Traders now await US data and the Fed Chair speech for short term profit opportunities. 

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