Tuesday, 16 October 2018

GBP/USD Rebound Vulnerable to Slowing U.K. Consumer Price Index (CPI)

GBP/USD remains bid ahead of the fresh updates to the U.K.CPI, but failure to test the September-high (1.3299) may undermine the recent rebound in the exchange rate.


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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...