Wednesday, 2 June 2021

British Pound (GBP) Price Outlook: GBP/USD Stable, With Near-Term Bias Lower

GBP/USD continues to lack direction near-term, with the UK’s successful coronavirus vaccination program offset by fears that an ending of the lockdown may be delayed.

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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...