GBPUSD
This coincides with my prev. Head and shoulders post...Use this as TP1. Then h&s analysis as TP2. Aim 1.3043
Comment:
FED policy coming up short term dont trade...wait for re entry.
Trade active
Trade closed: target reached:
BoE raised rates 0.25 basis points..highest levels since 2009. So why didn't the Pound go up on tighter monetary policy? Because Carney didn't mention Brexit...which has been acting as a lid on the Pound exchange rate (unable to push higher)