Short GBP/USD (from 13-Nov to 17-Nov)

stopped out of GBP short in Asia on Friday 17-Nov


Real-Time AmpGFX – Sold GBP/USD (Mon 11/13/2017 9:25 AM MT)

Sold half unit GBP/USD at 1.3114

Comment

Playing the political risk angle spilling over to fear of no Brexit deal and a weaker economy.

Admittedly it might have been better to be on this earlier, but GBP has bounced from lows and the uncertainty seems to be increasing.

Positions

Short half unit EUR/USD at 1.1612; s/l 1.1713; t/p 1.1518

Short half unit AUD/USD at 0.7661; s/l  0.7763; t/p 0.7585

Short half unit NZD/USD at 0.6901; s/l 0.7018; t/p 0/6685

Short half unit GBP/USD at 1.3114; s/l 13223; t/p 1.2805



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