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GBPUSD might reject from POC

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The GBPUSD has made another upside bullish swing and is currently in retracement towards POC. FED's meeting on Wednesday is the most important meeting this week and we might see huge volatility on Wednesday. We should focus on intraday setups now and we should manage the trades with Profit Stops . The GBPUSD has been more resilient than EURUSD so we might see some opposite correlation. Be sure to always check current correlation with Admiral Markets Supreme Edition tool. Technically the pair

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