GBPUSD STILL BULLISH ABOVE 1.3267

The British pound continues to trade higher against the U.S dollar, despite a brief pullback, following a hawkish FOMC policy statement. FOMC policy makers yesterday kept interest rates on hold, but paved the way for a December rate hike. The GBPUSD pair currently trades around the 1.3280 level, head of today's key Bank of England interest rate decision and monetary policy statement.

•  The GBPUSD pair remains bullish while trading above the 1.3268 technical level. Further upside should be expected above 1.3267, towards the 1.3307, 1.3360 and 1.3400 levels.

• Should price-action dip below the 1.3267 technical level, a further decline towards the 1.3236 and 1.3202 levels remains likely.