GBPJPY surrounded by bullish vibes Could re-activate long-term uptrend Next resistance expected at 189.50 GBPJPY finally closed above the 188.25 region on Thursday, which had been keeping upside movements in control since mid-November, providing a ray of hope that the latest bullish race could pick up momentum. The focus is now on the 189.50 area, where the resistance […]
In focus today Today’s main events will be the US May CPI at 14.30 CET followed by the FOMC rate decision at 20.00 CET. We expect the Fed to maintain monetary policy unchanged in line with broad consensus and market pricing. The median rate projection on the updated ‘dot plot’ is likely to signal only […]
The post US CPI and FOMC Rate Decision Today appeared first on Action Forex.
Share
