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Trade Setups in GBP-crosses Before and After BoE

Trade Setups in GBP-crosses Before and After BoE

2015-02-05 11:45:00
Christopher Vecchio, CFA, Senior Strategist
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Talking Points:

- GBPUSD nears top of range 1.5256/75

- GBPAUD maintains uptrend but begins to triangulate.

- See the February Forex Seasonality report and the implications for the majors.

The British Pound is grappling with some intriguing technicals around the BoE meeting today. See the above video for technical considerations in GBPUSD, GBPAUD, EURGBP, and GBPJPY.

Read more: GBP/USD Shows Resiliency in Range; EUR/GBP, GBP/CAD Due to Follow?

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

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