FX MARKET REPORT 10.07.2020

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915.

—

This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915. — This episode is sponsored by ·…