Archive of GBP/USD

30Jun2010
Author
Jason A. Martin
Trading When News Hits the Press Thumbnail

Trading When News Hits the Press

Last night (my time) I was minding my own business shorting the GBP/USD. I shorted it above the 1.5050 level because my technical analysis showed that it should come down below 1.5. What happened next was a reminder of the power of news.

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