EUR / GBP UPDATE: 02/05/13 13:26HRS

EUR / GBP:


Price was moving nicely in the right direction with a low at 0.8436. Then...

The ECB cut rates to 0.5%.

On a spike I have been stopped out for -15 pips. (0.3%)

Chart below:

 

I will update again when the next strategy trade has been identified.