Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/GBP: 'Triangle' about to be broken
Information is not investment advice
The pair is consolidating along the Moving Averages. It seems like we're going to have a 'Triangle' pattern. If so, we should watch the next resistance at 0.8860 - 0.8885 as an intraday target. If a pullback from these levels happens next, there'll be a moment for a bearish correction in the direction of the closest support at 0.8838 - 0.8811.
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!