GBP/USD sticks to modest recovery gains around 1.2420-25 area

15 Eyl 2023

Greetings, my esteemed companions!

This fine day witnessed the GBP/USD pair displaying remarkable fortitude beneath the 1.2400 threshold for two consecutive days, thereby enticing a few buyers during Friday's Asian session. The exchange rate has now partially reversed its decline from the previous day to reach a three-month low and presently hovers in the vicinity of 1.2420-1.2425, marking a modest 0.10% increase since inception.

And you, what are your thoughts?

15 Eyl 2023

Not

good luck