Friday, 15 September 2023

GBP Price Action Setups: GBP/USD, GBP/AUD on the Back Foot Ahead of Massive Week

British Pound bulls’ eye massive week of data to arrest the recent slump as inflation data and the much-anticipated Bank of England meeting lie in wait. 25 bps hike incoming from the BoE?

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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...