Skip navigation

Tag Archives: forex foreign exchange

The straddle that was executed was triggered on the offered side and it almost got triggered on the bid side as well, thankfully.

However, the CPI, RPI and PPI data was mixed including the trade balance and the GBPUSD reflected it with a lack of momentum on the downside.

I decided to take profit at 1.2875 for a trading profit of 33bps.