Wednesday, 20 April 2022

GBP/USD Bounces Off Support, but Descending Triangle Pattern Signals Further Losses

GBP/USD stages a moderate rebound on Wednesday, supported by broad-based weakness in the U.S. dollar, but the fundamental and technical outlook for the pair remains bearish.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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