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JoeChampion

GBPUSD Potential Downsides as we approach the FOMC

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
JoeChampion Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis GBPUSD GBP USD SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis indicator beyondta gbpusd gbp usd sell short bearish technicalanalysis containsimage
Hey Traders, in tomorrow's trading session we are monitoring GBPUSD for a selling opportunity around 1.27900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27900 support and resistance area.
as we approach the Fomc next week fed may go for another hike due to the persistent inflation as both CPI and PPI came hot plus the labour market is solid too in the US!
Trade safe, Joe.
Comment:
looking good now, fomc is approaching let's see how it will end up!
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