Order update – GBP, EUR/NZD, AUD/NZD

Positions

Short half unit GBP/USD at 1.2879; s/l 1.2888; t/p 1.2405

Long half unit EUR/NZD at 1.5549; s/l 1.5633; t/p 1.6448

Long half unit AUD/NZD at 1.0432; s/l 1.0523; t/p 1.0718

 

Comment

In weaker USD environment that appears to have followed revelations about Trump Jr,  I have moved GBP/USD lower, close to market, fearing a bearish USD move may take over the weaker GBP view.

I have raised s/l in AUD/NZD and EUR/NZD to lock in some profits.  I have also raised the AUD/NZD t/p and added a EUR/NZD profit, though well above current levels.



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Greg Gibbs,
Founder, Analyst and PM
Amplifying Global FX Capital Pty Ltd