GBP/USD: British political drama offers less action as traders await UK/US retail sales

Despite much action in risk sentiment, the GBP/USD pair keeps the modestly unchanged status as it trades near 1.2060 heading into the Thursday’s London open.
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EUR/USD: German recession fears could keep the EUR under pressure

EUR/USD is on the defensive, having charted a bearish lower high above 1.12 in the last few days and could see a deeper drop to 1.10 in the short-term
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