GBPUSD waffling and trades near unchanged levels - ConsultFX

GBPUSD waffling and trades near unchanged levels

BOE hike expected tomorrow The GBPUSD is waffling up and down as traders prepare for the FOMC decision today and the BOE hike (expectation) tomorrow.  For the week the pairs ranges was defined yesterday. The high price stalled after breaking above a channel trend line (the high reached 1.3188).  The downside stalled near a low trend