GBPUSD is preparing to move lower again
GBPUSD is preparing to move lower again
GBPUSD has already tested a very strong structure zone and we could see the price moving lower today.
The bearish move could also be supported by the idea that Fed Chairman Powell may be hawkish during the FOMC press conference.
If they send any message about a possible rate cut by the end of the year, that could give the dollar a short-term boost.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GBPUSD has already tested a very strong structure zone and we could see the price moving lower today.
The bearish move could also be supported by the idea that Fed Chairman Powell may be hawkish during the FOMC press conference.
If they send any message about a possible rate cut by the end of the year, that could give the dollar a short-term boost.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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