GBP/USD trades with mild positive bias on softer USD, remains below 1.2700 mark
The GBP/USD pair attracts buyers for the second straight day on Tuesday amid a modest US Dollar (USD) downtick and climbs back closer to the 1.2700 mark during the Asian session. Spot prices, however, lack bullish conviction as investors opt to wait for the Bank of England’s (BoE) Monetary Policy Report Hearings before placing aggressive directional bets.
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