GBP/USD trades with negative bias around 1.2460 amid modest USD bounce – FXStreet
GBP/USD edges lower on Monday amid the emergence of some US Dollar buying. Trump’s tariffs on Columbia revive trade war fears and boost the safe-haven USD. Fed rate cut bets, sliding US bond yields cap the buck and lend support to the pair. The GBP/USD pair kicks off the new week on a softer note