GBP/USD Price Analysis: FOMC minutes kick-start a bearish storm

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GBP/USD Price Analysis: FOMC minutes kick-start a bearish storm
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GBP/USD Price Analysis: FOMC minutes kick-start a bearish storm By ross_burland GBPUSD Technical Analysis

ct as support. The following is an analysis that illustrates the price action and potential outcomes from both a bullish and bearish standpoint. The price action would be expected to result in an onwards move to the upside from support. However, as illustrated below, the recent sell-off has left a strong bearish candle close and a subsequent additional bearish open in the current candle.

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