Tuesday, 12 October 2021

British Pound (GBP) Price Outlook: GBP/USD Well Placed for More Gains

GBP is ignoring unhelpful market conditions as the prospect of a UK rate rise this year outweighs concerns about high energy prices leading to rising inflation and increasing bond yields.

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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...