Tuesday, 3 August 2021

British Pound (GBP) Price Outlook: GBP/USD Rejects 1.40 Level

GBP/USD is trading sideways ahead of Thursday’s Bank of England announcement on UK monetary policy but could extend lower after rejecting key resistance.

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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...