FX & CFD trading involves significant risk
GBP/USD remains under $1.6300 with EUR/GBP extends its recovery ahead of ECB rate decision. The pound is under pressure following the decision by the BOE MPC to keep rates on hold. Support seen to $1.6290 with stops below, a break to open a deeper move toward $1.6260/40. Resistance remains at $1.6340/50 ahead of $1.6364.
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