If I were to gamble this one - and I'm not - it looks like the market is driving up GJ for dovish expectations (although UJ's not seemingly behaving the same way - seems GJ's following EU). I think the FOMC is far more of an unknown, compared to the BOE speaking 45 min later where the chances are more possible for sterling to get knocked down. Pure directional guesswork? Sterling might pop to 138.7 to potentially get knocked/range down to 136.6 once the BOE statements are absorbed. Overall, it's a trading crapshoot I think - you're at the mercy of the marketmakers and how they interpret it - 100 pip SLs are meaningless today, unless you have a good long from before.
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