Short while we are below the 1.25 Resistance level in GBPUSD. Risk has started to turn a bit and feels as if we could see NYC starting to fade these rallies.
This trade offers a 3:1 RR ratio.
Good luck
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GBPUSD dropped 50 pips off that 1.25 resistance lvl...
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Trade running at 60 pips profit, now at 1.2440 :)
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Trade running at +85 pips in profit... now @ 1.2415
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Closing half my position at 1.2415 as it got here very quickly, we could see a small retrace ... So just looking to bank some here and will leave the rest open, SL at BE for that last clip. :)
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I also sold GBPJPY at the same time as GBPUSD and Closed GBPJPY for +130 pips at 160.40