- Written by Sywa Sywa
- Last Updated: 18 September 2019 18 September 2019
- Created: 18 September 2019 18 September 2019
This is GBP USD before Economic data.. this pair has been down since morning. Its actually "Buy the Rumour Sell the News" since the consensus is lower than the previous data.
here is the result of the economic data.
CPI is lower than the consesus.. GBP USD should be down !.
but I wont bet too much on this trade because later on at midnight there will be FOMC announcement from the Fed. Which will likely affecting all currency pair.