Tuesday, 25 February 2020

Sterling Price Outlook: British Pound Threatens GBP/USD Breakout

Sterling defended the 1.29-handle again this week with the recovery now eyeing downtrend resistance. Here are the levels that matter on the GBP/USD technical 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...