Thursday, 27 May 2021

British Pound (GBP) Price Outlook: GBP/USD Challenging Support

GBP/USD is edging lower, with trendline and moving average support both being tested as the US Dollar firms on persistent talk that the Fed will soon start discussing a tightening of monetary policy.

from DailyFX - Market News https://ift.tt/3vsIM1I
via IFTTT

No comments:

Post a Comment

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...