BombayBulls

GBPUSD Long Trade Idea

Long
FX:GBPUSD   British Pound / U.S. Dollar
Positive rate hike feeling for the pound is keep on pushing. We will be looking to get long GBPUSD near 1.5380 - 1.5360. Tomorrow's CPI and Wednesday's MPC vote data will move the pound.

UPDATE: CPI data has brought positive volatility and we would like to take partial profit here at 1.5395 and bring the stop to entry for rest of the position.

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