GBPUSD hovers around 1.4150

GBPUSD hovers around 1.4150

GBPUSD hovers around 1.4150

The UK initiated a review of its tariffs levied against steel and aluminium imports from the US, British Trade Minister Liz Truss announced on Monday.

"The UK will do whatever is necessary to protect our steel industry against illegal tariffs that could undermine British industry and damage our businesses.”

“Want to deescalate the dispute," Truss said. 

As the broad-based US dollar weakness continues and tariff dispute remains, GBPUSD which is very bullish moves around 1.4150. If the pair moves higher then the next figures will be 1.4190 and 1.4240, respectively. 



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