FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
284 3 2
Tomorrow is big day for US dollar             and by looking @ Cable (+ other major pairs as well), I lean towards bearish outcome from the FOMC presser( bearish for USD). So far Pound has been extremely bullish against the greenback and the fact that ahead of such an important event, Cable refuses to give back any gains, makes me more confident to stay bullish .

But of course - the outcome of the FOMC Press Conference cannot be predicted so, things may change in seconds. Just saying.
Nice. We have the same outcome just different analysis haha. I see 1.69 as a key level probably lined with buyers. 1.718 will be the next major structure level after the break.
Reply
Well, I have a very simple approach with this one.
It took so much time for this pair to breach that "magical" 1.7000 level and now we just turn around and go back? No, no :) We did that once already. This time, i think it is up,up,up until 1.72 area (or close to that).
Reply
ChrisBaron capitalpropertiesfx
I'm with you on that one sir. Although a pullback to 1.69 wouldn't suprise me. I had it long from 1.683 before the Carney madness and closed 1.696 area, the right decision so far. I believe FOMC will be the catalyst for the next run. Hopefully we will get a good long entry tomorrow.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out