Tuesday, 15 October 2019

Sterling Price Outlook: British Pound Breakout Throttles Higher

Sterling surged more than 5.4% off the yearly lows with the advance now targeting uptrend resistance. Here are the levels that matter on the GBP/USD charts this week.

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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...