Wednesday, 8 December 2021

British Pound (GBP) Price Outlook: Downside Pressure on GBP/USD Persists

GBP/USD continues to make little headway to the upside, despite Omicron optimism, with the previous channel support now looking increasingly like resistance.

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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...