Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/GBP: 'Double Top' led to the current decline
Information is not investment advice
The last 'Double Top' pattern led to the current decline. Also, there's a 'V-Bottom', which hasn't been confirmed yet. Thus, it's likely that the market is going to test the nearest significant resistance at 0.8616 - 0.8653. If a pullback from these levels happens little later on, bears will probably try to reach another support at 0.8483 - 0.8449.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!