The shared currency suffered once again from dismal local data, with EU inflation falling into negative ground in July. Dollar up amid a better market mood, but recovery fragile.
GBP/USD is trading below 1.2150 amid reports of food shortages in case of a hard Brexit, project Yellowhammer. Opposition leader Corbyn calls for a no-confidence motion against the government.
Bitcoin price in the session on Monday is trading with gains of some 3.50%. BTC/USD price action is narrowing within a triangular structure, subject to a breakout. Key resistance can be observed running from $11,000-11,500, via the daily. There is a chunky barrier which is seen from $11,000-11,500 range. Price action is narrowing within a pennant structure, subject to a breakout north.
Bitcoin Cash price in the late part of Monday is trading in the green, up some 1.20%. BCH/USD price action is retesting a breached flag pattern formation seen via the daily.