Yesterday I noticed that Gbp/Usd was approaching 1.48
I decided to buy Gbp/Usd just above that level right away,
with a weaker Usd and Usd/Jpy lower, and Eur, Aud and Nzd stronger
it didn't make sense that Gbp/Usd kept falling - fundamentally
I added Gbp crosses to my Gbp/Usd long to hopefully catch some pips
The 1.48 level held for Gbp/Usd but it took hours to play out
I entered in the late afternoon and got out around midnight making only 10K
I do not like to leave my positions overnight otherwise I could have made much more
I decided to buy Gbp/Usd just above that level right away,
with a weaker Usd and Usd/Jpy lower, and Eur, Aud and Nzd stronger
it didn't make sense that Gbp/Usd kept falling - fundamentally
I added Gbp crosses to my Gbp/Usd long to hopefully catch some pips
The 1.48 level held for Gbp/Usd but it took hours to play out
I entered in the late afternoon and got out around midnight making only 10K
I do not like to leave my positions overnight otherwise I could have made much more