GBPUSD

News of Successful Covid-19 Drug Trials from the UK Keeps GBP Underpinned

GBP/USD Hourly (H1) Chart
GBP/USD Hourly (H1) Chart

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. 

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