Thursday, 11 November 2021

British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP/USD is weakening towards trendline support after a largely weak set of UK GDP figures and as the US Dollar is boosted by news of the highest US inflation rate in 30 years.

from DailyFX - Market News https://ift.tt/3HflpyU
via IFTTT

No comments:

Post a Comment

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...