Monday, 9 August 2021

EUR/GBP Finds Support Within Descending Channel, Eyeing 0.8450

Sellers take a breather as EUR/GBP finds support at 0.8470, but momentum is building lower

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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...