We investigate both the ferromagnetic (FM) and antiferromagnetic (AFM) ultrafast dynamics of a strongly correlated oxide system, GdBaCo$_2$O$_{5.5}$ thin film, by time-resolved x-ray magnetic circular dichroism in reflectivity (XMCDR) and resonant magnetic x-ray diffraction (RMXD). A photo-induced AFM-FM transition characterized by an increase of the transient XMCDR beyond the unpumped value and a decay of RMXD was observed. The photon-energy dependence of the transient XMCDR and reflectivity can likely be interpreted as a concomitant photo-induced spinstate transition.
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