Yesterday the major currency pair returned to weekly minimums and remains under pressure by Wednesday morning.
GBPUSD has reached its minimum since April 2017 due to the hardening of the attitude of the Conservative Party towards Brexit.
EURUSD is testing the support once again. USDJPY is forming a correction after a bounce off the resistance line inside the descending channel.
AUDUSD has bounced off the resistance line. NZDUSD is preparing for growth. USDCAD keeps testing the lower border of the Cloud.
USDJPY attempts at escaping the consolidation area. Traders still have their doubts about further direction of USDCAD price.
The pair is trading under pressure for decline. Today it might hit 1.1180, then make a correction to 1.1295.
GBPUSD has stopped declining at the long-term minimum before a bounce; however, the descending trend is predominant. EURJPY is declining gradually, still inside a correction channel.