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GBPUSD – Claimant Change

  • April 17, 2015 – 6:03 PM
  • Posted in Thoughts

Another potential labour data for the UK. 

I decided to do a spread trade:-

Long stop if bid 1.4990

Short stop if offered 1.4930

Spot was at 1.4960

Data came out favourable and GBP spiked up to 1.5044

Squared at 1.5040 for a trading profit of 50bps. 

I am done for the week! 

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