GBP/USD pair lengthened their price consolidation on their sideways to Monday's middle European meeting and stayed below the 1.3100 handle.
The pair battled to build up on Friday's solid intraday bounce of over 110 pips because investors still seemed unwilling, later today at 13:00 GMT, to point aggressive bullish bets before any new Brexit updates from the UK PM Theresa May press meeting in Sharm El-Sheik.
Meanwhile, today's speech from the Fed Governor Richard Clarida may influence US Dollar price dynamics and generate significant trade opportunities in the absence of related market-moving economic releases later during the North American meeting.
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