Wednesday, 8 May 2019

GBPUSD Price to Test Strong Support; Brexit Mayhem, Political Meltdown

Sterling leaks lower against the US dollar and GBPUSD is set to test a cluster of support levels around just under 1.3000 as UK PM May’s tenure looks increasingly under threat.


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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...