FX:GBPUSD British Pound/U.S. Dollar
After hawkish FOMC, the pair formed h4 candle with small body and long wick followed by another candle (could be called ) and the price has reached the previously formed i.e. 1. 4565 as well. If the price sustains above 14565 then this could be the mere correction after strong . However, if th price breaches and forms new low, we ill be interested to short the pair provided its peer pairs breaking lows and the potential technical levels as well like oversold oscillators and key figures.
Comment: The price has reverted back to our defined box. Now any break below 1.4550 can lead to 1.45 and low.