The GBP/USD pair remained on the defensive post-UK inflation report, albeit has managed to rebound around 20-25 pips from the Asian session lows.
The GBP/USD pair remained on the defensive post-UK inflation report, albeit has managed to rebound around 20-25 pips from the Asian session lows.
In the post-meeting press conference, the Bank of Japan (BoJ) Governor Haruhiko Kuroda said that it will appropriate to continue aggressive JGB purchases for now.
The USD/CAD pair caught some fresh bids on the first day of a new week
The USD/JPY pair held on to its goodish intraday recovery gains and was last seen trading just a few pips below daily tops around the 107.20 region.
The EUR/GBP chart shows the 0.8863 uptrend holding.
Resistance awaits at June's high of 1.1384, followed by levels last seen in March – 1.1410,