Prior to the announcement of the MPC votes at 4:30pm, GBPUSD started moving from 1.7060 all the way up to 1.79095.
Votes came out as expected and BBA mortgage approvals also came out as forecasted.
GBPUSD began to softened thereafter. I decided to short the GBPUSD at 1.7070 and squared the trade at 1.7035 for a trading profit of 35bps.
Apologies to all for not updating my trading blogsite for the past few months, it has been hectic with family issues. I will endeavor to put in all the past trades and also keep up to date.
The Panthenon Investment Group 