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GBP/USD Declines Below 1.3130

M. Ali 9 November, 2020 10:56 pm Forex Market, Market Update

The British Pound (GBP) declined against the US Dollar (USD) on Monday, after it was reported that a new vaccine against the Coronavirus disease (COVID-19) has proved effective in more than 90% of the tested cases.

The GBP/USD pair is trading lower for the day by 0.21% at 1.3129.

The pair has been moving today in a range between 1.3119 and 1.3208, after closing last week at 1.3156 and opening today at 1.3150.

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