I guess the retracement is due, but the news still bother me to do anything yet...
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DislikedIf fed cut 25 bp what will happen to G/J pair >>
- Down
- no movement
- Will go up ?
Seniors please suggest.Ignored
DislikedIn my opinion, if they cut by 0.25, not much will happen to the $. Thus the pound will also range, making the Geppy to do not much.
But if they cut it by more than 0.25, the GBPUSD will be Bullish as the $ weaken, the USDJPY Bearish, making me think that the GBPJPY will be Bulllish
Anything less than 0.25 will be $+, and anything above 0.25 will be $-Ignored