GBP/USD oscillates in narrow range around 1.2700, remains below 200-hour SMA

Share: GBP/USD remains locked in a narrow trading range during Monday’s Asian session. Bets on another Fed rate hike are helping to revive demand for the USD and limit upside for the major. BoE’s aggressive tightening fuels recession fears and also acts as a headwind for GBP. The GBP/USD pair is struggling to […]