GBP/USD Shows Positive Bias Around 1.2930 Amid Weak Dollar
The GBP/USD pair is demonstrating resilience, trading with a positive bias around the 1.2930 level despite recent downtrends. After touching a low of 1.2900, it has attracted dip-buyers during the Asian session on Monday. Currently up nearly 0.10% for the day, this movement suggests potential momentum for continued recovery. Traders should keep a close watch on dollar movements and upcoming economic releases that might impact this pair positively or negatively.