Two weeks ago, I recommended a short on the GBP/USD here. You should currently be positive around 15 PIPs. As of this writing, I don’t have clear signals whether the GBP/USD will continue upward short-term or continue its longer-term downtrend. Therefore, I recommend protecting your trade and potentially exiting.

The current upward short-term movement may be turning into a reversal of the current longer-term down trend. I will keep everyone posted.

Happy trading!
LattePIPs