The EUR/USD pair once again demonstrated ultra-low volatility on Friday, and last week the pair moved only on Thursday, when the results of the European Central Bank meeting were disclosed in the European Union.

The GBP/USD currency pair continued its downward movement on Wednesday after three weeks of growth. Over the past month, the British pound has been moving very technically. The rise began around June 23 when the pair hit the area at the lower boundary of the sideways channel it has been in for a year.

The EUR/USD currency pair did not show any interesting movements on Wednesday, and during the day, traders could only pay attention to the UK inflation report, which, for obvious reasons, has nothing to do with the European currency.

The GBP/USD currency pair continued its downward movement on Tuesday. The situation in the currency market has become very interesting. The European currency has been effectively flat for four weeks, while the British pound initially rose by 400 pips and is now plummeting at the same speed.

The EUR/USD currency pair showed no interesting movements on Tuesday. With smiles on our faces, we watch as some experts explain the current price fluctuations, which can only be described as "convulsions." Almost every day, the volatility of the pair approaches minimal levels, indicating only one thing – there is no desire to trade in the market right now.