Wednesday, 8 July 2020

British Pound (GBP) Latest: GBP/USD Price Consolidating Ahead of Budget

GBP/USD has broken above the 1.25 resistance level ahead of UK Chancellor of the Exchequer Rishi Sunak’s summer statement, which could result in further gains for the pair.

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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...