After failed to breakdown, because of FED FUND Futures cut rate 0,75% out of schedule, it makes GBP/USD change course to uptrend. There still an expectation the FED will cut rate again at this month. So the market still bullish during the FOMC result.
For this week my recommendation before FOMC, still bullish, Look for buy at low price.
Buy at 1.9740--------SL 1.9650--------TP 1= 1.9900--------TP 2 = 2.0140
But becarefull about GDP report, it might make the market sensitive during FOMC. This week is week for fundamental data. At the time data release I still recommend trade USD/CHF.
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