Bearish Flag formed on "Cable"-Short
Updated
GBPUSD This coincides with my prev. Head and shoulders post...Use this as TP1. Then h&s analysis as TP2. Aim 1.3043 Note
FED policy coming up short term dont trade...wait for re entry.Trade active
Trade closed: target reached
BoE raised rates 0.25 basis points..highest levels since 2009. So why didn't the Pound go up on tighter monetary policy? Because Carney didn't mention Brexit...which has been acting as a lid on the Pound exchange rate (unable to push higher)
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