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GBPUSD is preparing to move lower again

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FX:GBPUSD   Brittiska pund/Amerikanska dollar
GBPUSD is preparing to move lower again

GBPUSD has already tested a very strong structure zone and we could see the price moving lower today.

The bearish move could also be supported by the idea that Fed Chairman Powell may be hawkish during the FOMC press conference.

If they send any message about a possible rate cut by the end of the year, that could give the dollar a short-term boost.

You may find more details in the chart!
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