Are we going to get a short or breakout?

Hi Traders,

Tomorrow's FED meeting will be interesting to see how the USD pairs react. As for GBPUSD we are moving within a HTF descending wedge type of structure which were approaching the upper boundary. Looks to have bearish price action but we could get a breakout and go higher before price drops.

Always wait for confirmation and follow your trading plan.

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Good luck!