GBP/USD Price Analysis: Still on the defensive below 1.2400

AlselvSignals Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Hi everybody. Today, GBP/USD remains on the defensive below the 1.2400 mark during the first trading hours in Asia on Monday. The major pair is currently trading near 1.2390, up 0.06% on the day. Market participants prefer to wait on the sidelines ahead of this week's important event.

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