Wednesday, 22 May 2019

GBPUSD Price May Yet Drop More as UK Inflation Data, Brexit Sour Mood

The GBPUSD price continues to trend lower, and further losses cannot be ruled out on a toxic mix of Brexit worries, uncertainty over UK PM May’s leadership and weak UK inflation figures.


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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...