In this session, we stressed once again the importance of distinguishing between the signal and the noise from the FED ahead of the FOMC minutes later. Once again we have seen how the Federal Reserve is the most powerful central bank in the world and how its words and actions impact all markets and the global economy.

We then focused on the pound in a variety of timeframes, with some great volume price anlaysis lessons in several pairs.

Finally we looked at the currency heatmap and the extremes for some longer term trading opportunities.