The Concerns of Brexit Proceedings Weighed Down 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. 

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