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BombayBulls
Feb 16, 2015 7:56 AM

GBPUSD Long Trade Idea Long

British Pound/U.S. DollarFXCM

Description

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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