FX:GBPUSD   British Pound / U.S. Dollar

  • Biggest mover on last
  • BOE Int Rate Decision

  • Traders are not as far way from Short Target as Long but this is where their Stops are when Trades where initiated I would say

  • Been heading down since halfway through Monday.

  • They get in and out at Consolidation Areas trying to make best decision.

  • Last time rate remained the the same previous pattern shows headed down tends to be correct quite often.

  • Still 2:40 minutes to go




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