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GBP/USD Price Analysis: Still on the defensive below 1.2400

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Paun British / Dolar A.S. (OANDA:GBPUSD)  
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OANDA:GBPUSD   Paun British / Dolar A.S.
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Hi everybody. Today, GBP/USD remains on the defensive below the 1.2400 mark during the first trading hours in Asia on Monday. The major pair is currently trading near 1.2390, up 0.06% on the day. Market participants prefer to wait on the sidelines ahead of this week's important event.
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