Thursday, 5 September 2019

EUR/GBP Downtrend May Reverse if No-Deal Brexit Risks Spike

EUR/GBP’s downtrend may reverse next week if no-deal Brexit risks spike and prompt a selloff in the British Pound. However, the sporadic nature of the UK-EU divorce could shatter the technical set up.


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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...