The Fed said it planned to raise interest rates in June, saying it would allow inflation to rise above the bank's 2% target as the economy continues to recover.The minutes of the Fed meeting from early May, released on Wednesday, showed most members believe the policy committee is likely to take another step towards getting rid of easy monetary policies if the information matches the economic outlook.The record points to a high level of controversy over the Bank's approach to inflation.Members a…
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GBP/JPY
The price reaches a strong resistance area
The pattern is PRICE ACTION on the daily frame
Best retracement levels as shown in the chart
The pattern is PRICE ACTION on the daily frame
Best retracement levels as shown in the chart
Exchange rate for GBP/JPY
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Exchange rate forGBP/JPY
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Exchange rate for GBPjpy for the 1st of November
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Just form price action between those levels
condition
Not to close down 128.90
Otherwise, the level of 125 will become very important
Not to close down 128.90
Otherwise, the level of 125 will become very important