Wednesday, 3 February 2021

British Pound Outlook: EUR/GBP Testing Support with BoE Meeting on Tap

The upcoming Bank of England’s monetary policy meeting will likely determine the British Pound’s medium-term trajectory, with policymakers expected to address the possibility of negative rates.

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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...