GBP/USD Falls 200 Pips ? After BOE Rate Hike ?

Dear Traders,

the GBP reacted bearishly to the rate hike by the BOE and fell a massive 200 pips in just a few hours. The below video reviews what happened and what is the next step for the GBP/USD direction.

The EUR/USD is still building a bullish retracement within the bearish momentum and could break support soon towards 1.15, the 38.2% Fibonacci retracement level.

Check out the video for the full analysis and trade plans on 2-3 November 2017:

• EUR/USD, GBP/USD technical analysis
• Review of patterns, trends, key S&R levels
• Explanation of potentrial trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

Also, ecs.LIVE trades and analysis ends soon with our 2 week trial – claim your spot now!

See the video below for all of the details

Good trading,

Chris Svorcik

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