Wednesday, 3 June 2020

British Pound (GBP) Latest: Few Signs Yet of End to GBP/USD Strength

GBP/USD continues to climb with other “risk on” assets on hopes of a global economic recovery. At some point there will be a retracement but for now the trend remains upwards.

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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...