GBPUSD Potential Downsides as we approach the FOMC

Hey Traders, in tomorrow's trading session we are monitoring GBPUSD for a selling opportunity around 1.27900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27900 support and resistance area.
as we approach the Fomc next week fed may go for another hike due to the persistent inflation as both CPI and PPI came hot plus the labour market is solid too in the US!
Trade safe, Joe.

تعليق:

looking good now, fomc is approaching let's see how it will end up!