GBP/USD Churns ahead of FOMC at Nearly 8 Month High

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eliottWaves_gbp-usd_body_gbpusd.png, GBP/USD Churns ahead of FOMC at Nearly 8 Month High

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-GBPUSD traded to its highest level since January 18thon Monday. Price tagged the underside of the line that extends off of the 2010 and 2012 lows before pulling back.

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