My charts set up a potential short trade on the GBP based on Ichimoku and Stochastics.
I decided to short the GBPUSD at 1.6371 at about 4:45pm and I squared the position post BOE at about 8:50pm at 1.6333 for a decent trading profit of 38bps.
However, it’s past midnight here in Singapore and the GBP has continued to soften to 1.6320………oh well……at least, I still locked in a profit.
The Panthenon Investment Group 