My guess is
FOMC decision comes out, Euro makes a fast rally to 1.3950+, once the statement has been read out completely, Euro reverses and starts to fall.
And it seems that the next down move for Sterling will be a painful one.
FOMC decision comes out, Euro makes a fast rally to 1.3950+, once the statement has been read out completely, Euro reverses and starts to fall.
And it seems that the next down move for Sterling will be a painful one.