Tuesday, 14 February 2023

British Pound Forecast: GBP/USD Looks to UK Inflation Data for Directional Bias

The January UK CPI report will steal the limelight on Wednesday as traders will try to assess whether the inflation outlook could force the Bank of England to reconsider its dovish stance.

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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...