ok so yesterday until just before the FOMC we saw the dollar quite strong.
After the FOMC we saw the dollar weaken, and the cable and euro rallied!
But looking at the charts, seems like there is still some pressure being placed by the bears.
there are some economic data coming out today:
UK Unemployment rate - 8.30am GMT
Bank Of England quarterly inflation report - 9.30am GMT
U.S trade balance - 12.30pm GMT
US monthly budget statement - 6pm GMT
I think today as well we will see some pullback, so i'd like to again start my trades going short.
so lets see how that goes!
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