Thursday, 20 May 2021

British Pound (GBP/USD) Analysis: Bearish Engulfing Denies Retest of Yearly High

The British Pound sold off slightly vs the US dollar as a bearish engulfing pattern denies test of previous yearly high

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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...