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18-Sept-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.