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Today's All Things Forex Broadcast: GBP Recovering vs. USD or Consolidating Before the Next Leg Down?

In the broadcast today: GBP Recovering vs. USD or Consolidating Before the Next Leg Down? We analyze the latest trend developments with the GBP/USD and EUR/GBP currency pairs for potential signs of a GBP recovery against the USD and the EUR, we follow up on the outcome of the G7 meeting and its impact on the USD, we take a close look at the AUD ahead of tonight's Reserve Bank of Australia interest rate announcement, we examine the market's reaction to the Euro-zone Retail Sales and Services PMI, the U.K. Services PMI, and the U.S. ISM Non-Manufacturing Index, we discuss new forecasts from Bank of America- Merrill Lynch, Morgan Stanley and UBS, and prepare for the trading session ahead.     

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