Cabot101Management

Trade only If USD - Data positive today !!!!!!!!!!

Short
FX:GBPUSD   British Pound / U.S. Dollar
7
Okay so we see the GBP enjoying a nice journey upwards , However I will keep this short :)

BOE had some dovish comments which has caused the GBP to retreat a bit, if we see the USD print good data later today CPI and retail @ 13.30, this will add downward pressure on cable ,

Keep an eye on this

Entry 1.29- MKT price now which is 1.2885

1.28- 1.2770 will be the levels to watch ticking lower

Happy Friday people ..........

Please also refer to our blog , Trade only if USD data today disappoints!!!!!!!!!!!!!!
Comment:
T - 4 mins stay alert guys for the entry
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