GBPUSD fell short of 1.5220 before BOE and FOMC statements, the technical price resistance holding firm the second time in as many days
Cable closed below 1.48 yesterday just above Fibonacci Expansion 127.2% at 1.4723
GBPDUSD traded higher despite poor economic data.
Cable continues to fall ahead of U.K Manufacturing PMI. Candles continue to remain within the trend channel although bearish movements started to slow down.