EURUSD
The pair is trading below the 1.1175 level amid the rising expectations regarding the US dollar surge after the release of the Fed. meeting results.
The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under the 50% level and falling. …
GBPUSD
The pair is trading under the 1.2800 level prior to the release of the Bank of England monetary policy meeting results. We expect that the interest rate remains unchanged while the Bank is unlikely to announce changes in the current monetary policy in the nearest future.
The price is …
EURUSD
The pair is trading inside the 1.1175-1.1225 range, expecting the results of the Fed. meeting. The market is expecting that the interest rate will be elevated, which is probably already considered in the price. But the most important information will be the Fed.'s plans for the future. If it …
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