fbpx
GBPUSD

The Concerns of Brexit Proceedings Weighed Down GBPUSD

June 30, 2020
GBPUSD
GBPUSD Hourly (H1) Chart

GBP/USD: The pair is trading with clear dovish bias as concerns over escalating COVID-19 victim count in the UK and concerns of Brexit proceedings weighed down GBP.  Further, pressure from USD also weighed down the pair causing the price to decline below 1.23 handle keeping price and stabilize near mid -1.22 handle. Traders now await US data for short term profit opportunities. 

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

Is this article Helpful?

Total Views: 53
 

Sign up to My Spread

COVID-19

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 – …

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