As Expected, USD index showing correction from its giving Blue Box ....
GBPUSD has reached short term tech area at 1.2437-1.2484 that can produce a correction...
DXY is ending short period cycle and could see a bounce early next week from 99.7 - 100 area
As EXPECTED ... GBPUSD Bounced from mentioned area ... 1.2437 - 1.2484 is a resistance area before any correction happens ....
This pair having Buying & Correction Sentiments after rate decision. It may give its 38.2% retracement of Brexit drop i.e 1.3535 - 1.3600. Stop Loss below 1.3100 level
GBPUSD having Buying & Correction Sentiments after rate decision. It may give its 38.2% retracement of Brexit drop i.e 1.3535 - 1.3600. Stop Loss below 1.3100 level.