GBP/USD hovers around 1.2800, aims to extend gains due to risk-on mood – FXStreet
The GBP/USD pair is currently hovering around the 1.2800 level and is looking to continue its gains. This is due to a positive risk-on mood in the market. Traders are feeling optimistic, which is helping to support the pound against the US dollar. The pair is aiming to extend its gains further as the market sentiment remains positive.