Friday, 19 June 2020

British Pound (GBP) Latest: GBP/USD Treading on Support, UK Retail Sales Beat Lowly Expectations

UK retail sales picked-up in May, according to the latest ONS data, but remain sharply lower on an annual basis. Sterling has found a small bid and needs to consolidate going into the weekend.

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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...