The GBP/USD pair has entrenched itself above the 1.2800 support as the Asian markets awaken on Tuesday. Lower bets on a Bank of England (BoE) rate cut are casting a shadow over the Pound Sterling (GBP). Traders are now poised for a jolt of momentum from imminent UK job figures and the US CPI inflation data. At the moment, GBP/USD hovers near 1.2814, steadfast in its position.
Comment:
Trade active