Tuesday, 22 October 2019

Sterling Price Outlook: British Pound Tests 1.30– Cable Break or Bend

Sterling surged more than 6.6% off the yearly lows with the advance now targeting near-term uptrend resistance. Here are the levels that matter on the GBP/USD charts.

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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...