Friday, 21 May 2021

British Pound (GBP) Outlook - Strong UK Sales Data Further Underpins GBP/USD

UK households celebrated the re-opening of parts of the economy in April by going on a spending spree, boosting the positive economic outlook narrative.

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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...