The GBP/USD pair held on to its modest daily gains, though struggled to make it back below 1.2600 round-figure mark port UK macro data.
The pair prolonged its recent strong momentum and continued gaining traction for the fifth consecutive session on Wednesday. The prevalent US selling bias lifted the GBP/USD pair to fresh one-month tops, level just above the 1.2600 mark- during the Asian session.
However, hard Brexit concerns kept a lid on any strong follow-through gains for the GBP/USD pair.