Wednesday, 5 August 2020

GBP/USD Price Outlook: Pound Sterling Eyes BoE Update on Tap

The Pound-Dollar looks primed for currency volatility judging by implied GBP/USD price action headed into Thursday’s scheduled Bank of England (BoE) monetary policy update.

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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...