The pair GBP/USD has updated the previous low, but managed to recover above 1.41
FOMC Minutes confirmed Yellen’s comments about external risks and slowness in raising interest rates, also confirmed that the statements of the other six members of the Committee can be regarded as unserious.
Now the expectations of the September increase fell to 46.5%. The probability of November increase is 50%, and the December is 52.5%.
Today the UK is to publish Halifax House Price Index, the forecast is 0.7%. The United States will present data on jobless claims, the consumer credit.
How to trade
Today we expect a consolidation of the pair GBP/USD. We would buy CALL options if the pair rises above the level of 1.4178. We would buy PUT options if the pair falls below 1.4090.
Expiry time: 20:00 GMT