• GBP
• Trend Reversal
• Trend Catcher

   After a long waited fed rate cut, as expected The Fed cut interest rate of 25 basis points (bps). Market was already priced in even before The Fed announcement, after announcement of interest rate cut, USD is higher rather than drop.

   Today is BOE Rate decision, if Poundsterling get another hit at the news it can hit a new fresh low at 1.19.

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