GBP/USD: The pair is trading with mostly flat within familiar price range but displays bearish tinge as firm USD prevents pair from reclaiming 1.26 handle for now. However, news of successful covid-19 drug trials from the UK keeps GBP underpinned, allowing pair to remain firm above 1.25 handle. Traders now await US macro data for 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.