GBPUSD: Upside target achieved for 140 pip win. Time to reverse
GBPUSD Tuesday Update
Sterling has rallied to the centre of the near term upside
target which was 10 pips either side of 1.327 after an intraday
high in London at 1.3222 for a 140 pip win.
Longs should have been closed out and the entire position
reversed into EUR shorts with stops just 15 pips above today's
high for a small loss if wrong, as per comment below.
Sterling has rallied to the centre of the near term upside
target which was 10 pips either side of 1.327 after an intraday
high in London at 1.3222 for a 140 pip win.
Longs should have been closed out and the entire position
reversed into EUR shorts with stops just 15 pips above today's
high for a small loss if wrong, as per comment below.