Tuesday, 24 August 2021

British Pound (GBP) Price Outlook: GBP/USD Rally May Run Out of Steam

The rally so far this week in GBP/USD has been caused entirely by the weakness of the US Dollar and a reversal lower looks likely soon.

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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...