KeytoMarkets

GPBUSD: completed the 161.8fe. What's next?

FX:GBPUSD   British Pound / U.S. Dollar
The cable completed the 161.8% of the A-B-C corrective pattern (below chart) at 1.3340 below this, a previous swing low exists at 1.3300.
Ahead of FOMC minutes, we expect the cable will park the brakes between 1.3300-1.3260 levels.

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