KlejdiCuni

GBPUSD & DXY Are Both Pointing To a Bullish Move

Long
KlejdiCuni Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD & DXY Are Both Pointing To a Bullish Move


During the last two days, the price created a new high above
the structure zone is located near 1.2540.

it seems that FOMC and the technical analysis are both showing that
GBPUSD may grow further.

Also if we have a look at the DXY we can see that it is supporting a bearish movement.

Thank you and Good Luck!
Comment:
On WEDNESDAY, JUNE 14
Fed Interest Rate Decision
Fed's Monetary Policy Statement
FOMC Economic Projections

This FOMC is going to be special and it will definitely give to the USD a new direction.
Trade closed: target reached:

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