Thursday, 1 July 2021

British Pound (GBP) Price Outlook: Downside Momentum Builds for GBP/USD

GBP/USD remains under downward pressure, close to the support line of a bearish descending triangle pattern on the charts.

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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...