FX MARKET REPORT 07.08.2020

FX MARKET REPORT 07.08.2020

FX MARKET REPORT 07.08.2020

Daily Commentary
FX MARKET REPORT 07.08.2020
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FX MARKET REPORT 07.08.2020

GBP/USD losses momentum at the 1.3165 five-year resistance line.  The  EUR/USD pair is trading at 1.1844, representing a 0.28% decline on the  day, having failed to keep gains above 1.19 on Thursday. The greenback  traded 0.32% higher which has dropped to the fresh lows since May 2018  the previous day.

GBP/USD losses momentum at the 1.3165 five-year resistance line.  The  EUR/USD pair is trading at 1.1844, representing a 0.28% decline on the  day, having failed to keep gains above 1.19 on Thursday. The greenback  traded 0.32% higher which has dropped to the fresh lows since May 2018  the previous day.

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