In this post we analyze a recent GBPUSD swing trade that made 100% gain in just 2 days. Take a look at the following screenshot of GBPUSD M30 Chart! Now can you see the inside day bar in the above screenshot just above the first red arrow? This is our first entry. The inside day… Continue reading Recent GBPUSD Swing Trade That Made 100% Gain in 24 Hours
Tag: gbp/usd
GBP/USD Bounces Up 80 Pips As 2 BOE Policy Makers Want An Interest Rate Increase
Today was MPC Official Bank Rate Votes meeting at BOE. 2 members wanted an interest rate increase that made GBP/USD bounce up slightly by 80 pips. Sterling gained versus all of its 16 major peers after minutes of the BOE’s Aug. 6-7 meeting showed Martin Weale and Ian McCafferty voted to raise the benchmark rate… Continue reading GBP/USD Bounces Up 80 Pips As 2 BOE Policy Makers Want An Interest Rate Increase