Thursday, 18 August 2022

GBP/USD Forecast: Pound Extends Fall as Markets Digest FOMC Minutes

GBP/USD extends its downward trajectory post-FOMC, driven by U.S. dollar strength as we look forward to several U.S. events on the economic calendar later today.

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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...