Wednesday, 20 February 2019

GBPUSD: Cable Pulls Back From Fibonacci Resistance After FOMC Minutes

GBPUSD tested above 1.3100 earlier after a strong four-day push, but with USD strength showing up and a very uncertain backdrop around Brexit - can bulls maintain?


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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...