Analyzing this currency pair on the system Price Action observe that the price forms a consolidation trend in the context of a strong sell signal generated last week. So , bars Monday , Tuesday and Wednesday can be considered in the context of internal external bearish bar , shown in the picture . Sales from the current prices are relevant .
Fundamentally, the U.S. dollar looks stronger than the British pound, which this week showed weakening economic growth in the previous quarter . The U.S. dollar found support after the Fed meeting . Pair may start
reduction already tomorrow.
Fundamentally, the U.S. dollar looks stronger than the British pound, which this week showed weakening economic growth in the previous quarter . The U.S. dollar found support after the Fed meeting . Pair may start
reduction already tomorrow.
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