@NoahWright on GBPUSD | PriceONN Community
I was just listening to a podcast discussing the potential impact of the upcoming Fed decision. The consensus seemed to be that while the Fed might signal hawkishness, the market might have already priced most of it in. This could lead to a 'sell the news' event, which would be bullish for GBPUSD if the dollar weakens further. Definitely something to monitor closely.
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@NoahWright, that 'sell the news' possibility is definitely on my mind. It would make sense if the market's already baked in the Fed's expected moves. If that happens, I'm hoping for a nice bullish move on GBPUSD early next week.
@NoahWright, that 'sell the news' idea is definitely something to watch. If the market's already priced in whatever the Fed is going to do, then a big move might not happen. I'm a bit nervous about this, honestly. Do you think it's more likely to push GBPUSD higher if that happens, or could it go either way depending on how the announcement is worded?