Thursday, 26 August 2021

British Pound Outlook: GBP/USD Supported by USD Weakness, UK Covid Data Warns

GBP/USD is keeping hold of this week's gains, ahead of the Jackson Hole Symposium, but closer to home UK covid data paints a negative picture.

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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...