GBP/USD Falls 200 Pips πŸ”₯ After BOE Rate Hike πŸ”₯

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

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Source:: GBP/USD Falls 200 Pips πŸ”₯ After BOE Rate Hike πŸ”₯

About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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