The EUR/USD is under pressure as some investors and analysts start betting on a rebound of the US dollar.
Bitcoin's price bounced back in the overnight session as bulls remained resilient amid significant pressure.
Bulls and bears are evenly matched.
Pound seen firmer.
Consolidation is above $30,000.
Price likely to rise to 1.2277.
The GBP/USD bounced back in the overnight session as traders reacted to the relatively hawkish statement by Andrew Bailey.
The AUD/USD is little changed, with focus being on the US dollar weakness since there is no economic events from Australia.
The strong resistance level at 0.7726 is holding.
The British pound is seen firmer.
The EUR/USD price is down for the fourth straight day in a row as the strong dollar theme continues, in the longest losing streak for the pair.
Bitcoin price is attempting to bounce back after falling by more than 30% in the past few days.
Bitcoin had a wild ride with high volatility.
U.S. dollar bounces back against other major currencies.
The GBP/USD pair is under intense pressure as the number of coronavirus cases in the United Kingdom (UK) and China continue to rise.