The markets are processing the data and the odds of an aggressive Fed in March.
Now, a key level is set up on the 4-hour GBP/USD chart:
38% Fibonacci Retracement, 1.3524
Here's the trade:
1) Buy from 1.3524 to 1.3534
2) Stop loss at 1.3494
3) 1:1 or 1:2 risk vs reward ratio
This is a short-term position trade that may be elected going into the weekend.
Now, a key level is set up on the 4-hour GBP/USD chart:
38% Fibonacci Retracement, 1.3524
Here's the trade:
1) Buy from 1.3524 to 1.3534
2) Stop loss at 1.3494
3) 1:1 or 1:2 risk vs reward ratio
This is a short-term position trade that may be elected going into the weekend.