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31FX Blog

Forex This Week – July 27, 2020 – July 31, 2020

31FX – This week we take a look at the forex pairs performing along with major market events happening this week. See how EUR, USD, AUD, and others are coming along.

AUD/USD

The Australian dollar has rallied significantly during the week, reaching towards the 0.71 level.

GBP/CHF

The British pound tried to rally during the week but found enough resistance to turn around. if we break down below the 1.17 level, then this pair probably drops down to the 1.15 handle.

EUR/USD

The Euro has exploded to the upside during the trading week, breaking above the 1.15 handle rather handily.

GBP/USD

The British pound has broken higher during the week, clearing the 1.2750 level, and even closed above there.


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