BUY GBP/USD @ 1.4065 TP: 1.425 SL: 1.385
As our Chief Market Strategist wrote in the article analyzing today’s FOMC: “The latest set of quarterly forecasts showed that policymakers were divided over the outlook for the benchmark interest rate in 2018. Seven officials projected at least four quarter-point hikes would be appropriate this year, while eight expected three or fewer increases to be warranted.”
Which despite the hike and the unanimous votation sent the Greenback to the floor. Which helped to break a tough resistance in the Pound, marking the confirmation of a new rally towards January maximums.
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