As predicted in ur previous Analysis , the GBP comes from a strong downtrend and yesterday after the FOMC meeting, the price had a breakout of the Raising wedge dynamic support and the price it's fallen. The stochastic it's outside the overbought area and the RSI is turned definitely Bearish. We think about a bearish continuation of the trend.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.