Wednesday, April 17, 2013

GBP / USD UPDATE: 17/04/13. 10:16HRS

GBP / USD:

Price has continued down and is approaching the first level of support at 1.5270.

I have moved the stop loss to break even to eliminate the risk on the position.

I am currently short with 0.5% exposure to the market

There could still be a retracement back towards the entry, where I will consider the add in.

Chart below:


I will update again later this morning

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