What is the direction of GBPUSD now that the FED has spoken?

١١ ديسمبر ٢٠٢٣

GBPUSD GBP is likely to continue its bearish trend as investors speculate that the BOE may be taking a dovish stance at the moment. In the short term, GBPUSD will come under further pressure at this week's FOMC meeting, so GU is likely to maintain its accumulation, with the risk of further decline. At the start of trading this morning, GU also showed signs of CAP tightening. Considering selling around 1.2580