Tuesday, 28 May 2019

GBP Price Outlook: Downtrend Still in Place After European Elections

GBPUSD is stable early Tuesday in London, largely ignoring the results of the European Parliament elections, but the slide lower in place since the start of the month may well continue.


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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...