Wednesday, 28 July 2021

British Pound (GBP) Price Outlook: GBP/USD March Higher Halts Pre-Fed

GBP/USD has continued to climb this week, topping both trendline resistance and the 200-dma, but will likely be little changed this session ahead of the Fed's announcement on US monetary policy.

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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...