From the short entrance recommendation I provided here, your trade should be around -15 pips or so. This has been some bizarre movement on the GBP/USD. I did not think it would move up to 1.4915 so soon.
So, here’s where we are…either 1) the GBP/USD will continue moving up toward the 1.5060 level I forecasted here, or 2) it will continue moving down. Personally, I think it will continue moving up for the next couple of days. Therefore, you can either:
- Exit your current GBP/USD trade and enter going long
- Stay in your current GBP/USD short trade and wait for my signal to exit and go long
Personally, I’m staying in for right now to see what the GBP/USD is going to do. I’ll provide updates later.
Happy trading,
-LattePIPs
LattePIPs 