Tuesday, 18 May 2021

British Pound (GBP) Outlook - GBP/USD Looking at a New Three-Year High

A combination of US dollar weakness and Sterling strength is pushing GBP/USD back towards levels last seen in April 2018.

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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...