As was anticipated, the breach of the support cluster around 1.2375 on Friday caused the British currency to reach the 1.23 major level, despite trade closing at 1.2349.
The yellow metal edged higher on Monday morning, as it approached the resistance put up by the weekly PP at 1,214.32.
The common European currency was almost unchanged against the US Dollar on Monday morning near the level of 1.06.
The USD/JPY currency pair has been trading within the borders of an ascending channel pattern for two consecutive weeks now and Friday was not an exception.
The New Zealand currency weakened against the American Dollar for the seventh consecutive day on Thursday, with a tough demand cluster around 0.7020 limiting the losses.
Despite some previous setbacks, the US Dollar managed to edge higher against the Canadian Dollar yesterday, successfully retaking the 1.35 major level.
The European single currency experienced another rally against the Japanese Yen on Thursday, putting the ascending channel's resistance line to another test.
The commodity currency, the Aussie, fell under more selling pressure on Thursday, losing 73 more pips against the US counterpart.
Gold extended its weakness on Monday morning following a break below the hourly channel on Thursday.
The US Dollar successfully rallied against the Japanese Yen on Thursday, managing to prolong the ascending channel pattern for another day.
For the fourth consecutive day yesterday the American Dollar outperformed the Pound, but with the immediate support cluster remaining intact.
EUR/USD opened red for the tenth session in a row, eyeing 1.0556, the bottom Bollinger Band – hourly channel bottom trend-line confluence.
By mid-day on Thursday the Kiwi had slightly depreciated against the US Dollar.
The US Dollar continued to depreciate against the Canadian Dollar by mid-day on Thursday, as the currency exchange rate traded below the combined cluster of the weekly PP at 1.3453 and the previous channel's upper trend line at 1.3445.
For the Aussie trade ended in the red zone on Wednesday, with a rather sharp 77-pip decline against the American Dollar.
Wednesday ended with the EUR/JPY currency pair making a U-turn and undergoing a small correction.
The common European currency traded squeezed in between the January low level of 1.0709 from the upside and the weekly S1 at 1.0681 against the US Dollar on Thursday morning.
The Sterling remained relatively unchanged against the US Dollar yesterday, having experienced a small eight-pip decline.
The Greenback failed to preserve its gains against the Japanese currency on Wednesday, ultimately closing with a several-pip decline.
The title explains it almost fully, as the yellow metal remained near 1,225 levels on Thursday morning.
The New Zealand Dollar marked its fifth consecutive trading session of losses against the US Dollar, as the currency exchange rate fluctuated near the 0.71 mark on mid-Tuesday.
The US Dollar retreated by mid-day on Tuesday from resistance it faced against the Canadian Dollar.
The Australian Dollar managed to remain relatively unchanged against the US Dollar on Tuesday, even posting a small intraday gain.
There were no surprises in the EUR/JPY pair's performance on Tuesday, being that the cross inched higher that day.