The GBP/USD pair is seen reversing a dip to daily lows struck at 1.2478, and now attempts gains above 1.25 handle amid a broadly subdued US dollar and treasury yields.
However, the major remains on a cautious footing amid ongoing Brexit concerns, as focus remains on the outcome of the Article 50 bill that is set to remain for voting in the House of Commons through Wednesday.
Currently, GBP/USD exchange rate is 1.2502.
Our Latest Recommendation:
SELL GBPUSD 1.2460 TARGETS 1.2440 1.2420 STOPLOSS 1.2485