Thursday, 7 September 2023

GBP/USD Price Forecast: Pound Breakdown Post-BoE & UK Housing Data

GBP prices slumped this morning after the Halifax house price index reports showed property prices missing estimates. GBP/USD now below 1.25.

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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...