informedtrades

GBPNZD Stalling; Taking Half My Position Off

FX:GBPNZD   British Pound / New Zealand Dollar
30 0 0
I've been long GBPNZD             since 9230, when it was there about a week and a half ago. Today I'm taking half my position off, as the market has reached a confluence of factors suggesting price may be stalling. The other half remains on, with my stop at breakeven and a target of 2.0240.

Full trade history: http://www.informedtrades.com/blogs/simit-patel/14153-over-9-1-reward-risk-gbpnzd.html
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