Friday, 19 November 2021

GBP/USD Outlook - Sterling Propped Up by Data But US Dollar Strength Controls Cable

Positive UK retail sales data are helping Sterling push forward but the US dollar is running the show against a range of USD-pairs, including GBP/USD.

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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...