FX MARKET REPORT 10.07.2020
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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.