The British Pound (GBP) continues its free fall against the US Dollar (USD), after the Bank of England’s (BoE) official comments suggest the central b
GBP/USD has broken downwards from a rising channel on the charts, suggesting further losses. However, a rally is possible if BoE Governor Bailey rules out negative interest rates in the UK.
EUR/USD and EUR/JPY could experience increased volatility ahead of key events later this week, including monetary policy announcements from the Fed, the ECB and the Bank of Japan.
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