GBP/USD Bounces to Near 1.3400 as US Dollar Weakens
The British Pound recovered early losses and flattened near 1.3400 against the US Dollar during European trading as the Greenback reversed course.
GBPUSD
The British Pound reversed its earlier losses and traded around the 1.3400 level against the U.S. Dollar during the European session.
The turnaround came as the U.S. Dollar weakened, offsetting earlier bearish pressure on the cable.
Traders are now watching for further catalysts to determine the next directional move.
Source: FXStreet Forex News