Thursday, October 24, 2013

GBP / USD UPDATE: THURSDAY24TH OCTOBER 2013. 07:15HRS

GBP / USD:

Cable has moved up and my order has been hit.

I am long from 1.6205 with 0.5% exposure to the market with now risk

Although price is still close to the entry, I have been able to move the stop loss to break even to eliminate the risk on the position.

Chart below:

 
I have a limit order at 1.6330 for 5% profit.
 
I will update again later today.
 
 

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