GBP/USD Gains Ground As Traders Focus On Weak Dollar

gbpGBP/USD continues its attempts to settle above the resistance at 1.2715 – 1.2730 as traders focus on general weakness of the U.S. dollar.

If GBP/USD climbs above the 1.2730 level, it will move towards the next resistance level at 1.2810 – 1.2830.

GBP/USD 4h Chart

GBP/USD

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