Short term GBP/USD long position

FX:GBPUSD   British Pound / U.S. Dollar
Markets is largely expecting the BOE to hike Rates in the December meeting. the positive print in the inflation data this morning further fuels the expectation of the 15 basis point hike to be this coming meeting. we are expecting the BOE to disappoint the market hence we have a very bearish bias on the GBP currency. technically we expert a completion of a WXY pattern on a small timeframe.

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