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Daily Archives: September 11th, 2013

GBPUSD was holding at spot of 1.5760, I decided to do a spread trade; 20bps either side of the fence, stop if bid and stop if offered.

Data came out much better -32 versus forecast of -21, GBP popped up to 1.5820.

It triggered my Buy Stop if Offered at 1.5780 and I squared at 1.5815 for a trading profit of 35bps.

Now, GBPUSD spot is back down to 1.5773.