GBP/USD Price Forecast: Hovers around 1.2400; seems vulnerable while below 50-day SMA

The GBP/USD pair rebounds a few pips from the Asian session low and currently trades around the 1.2400 round-figure mark, nearly unchanged for the day.
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USD/CHF holds positive ground above 0.9100 on firmer US Dollar

The USD/CHF pair gathers strength to around 0.9110 during the early European session on Monday.
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