marco_casario

GBPUSD The Day after the FOMC

FX:GBPUSD   British Pound/U.S. Dollar
52 0 1
Yesterday's news has impacted strongly on the cable. The deep Bat pattern has been broken and we're now in a bullish momentum.

The cross is moving quickly and it has created harmonic leg. It's going toward a structure you can see on the Daily timeframe .

We could then see a retracement on the previous structure low, using the structure as a resistance, or we could see a trend continuation until the second structure high.

It's time to wait and see now :)
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