Fed Rate Cut Announcement

Does anybody know what caused that sudden dip in GBP and Euro and Dollar rise by some 40 pips right after the rate cut announcement? The half percentage point rate cut was dollar negative and we all saw that price then retraced all the way and went in the right (but opposite) direction.

Edit: It was actually 0.25% rate cut not 0.50%

really easy bro, many bull wannabes were pricing 50p rate cut but for their surprise was 25 points.

i think that pair is gonna fall.

Actually it's a 25 basis points cut but I'm sure I saw 50 points announced at FF right after the news. They showed 4.25% rate instead of 4.50%. umm... must have been a typo error.

Easy money wasn't it ? Got in on the dip down and just waited for the retracement and then rise. Nice