Wednesday, 10 May 2023

EUR/GBP Latest: Support Breaks Ahead of BoE Rate Decision

A break of multi-month support has seen EUR/GBP hit levels last seen in mid-December as the British Pound continues to nudge higher. Next up, the latest BoE monetary policy decision.

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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...