Tuesday, 23 January 2024

Pound Sterling Price Action Setups: GBP/USD, EUR/GBP, GBP/JPY

Reduced budget deficit in December puts tax cuts back on the agenda before the Spring Statement. Sterling could continue its rise with the help of improving PMI data

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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...