Monday, 31 July 2023

GBP Price Forecast: Pound Readies for BoE

GBP has been on the backfoot of recent against both the EUR and USD but with a likely hike from the BoE this week, the pound may find its footing once more.

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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...