Monday, 22 October 2018

GBP/USD Forecast: Post-EU Summit Weakness to Persist as Bull Trend Snaps

Recent price action in GBP/USD raises the risk for a further decline in the exchange rate as it carves a series of lower highs following the EU Summit.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...