FTSE 100 Pushing Down on Support as GBP/USD Strength Weighs
Summary
By sueyangfx.com July 31, 2020 at 12:56PM The FTSE 100 continues to probe the lower end of its short-term trading range with the recent rally in GBP/USD weighing on UK exporters.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
July 31, 2020 at 12:56PM
The FTSE 100 continues to probe the lower end of its short-term trading range with the recent rally in GBP/USD weighing on UK exporters.