I posted this trade idea over the weekend and it hit target at 1.71. I didn’t take the entry as per my trade plan as it was just before the weekend and anything could happen over a weekend with GBP prior to the election. The pair didn’t give a pull-back to my entry price after the weekend and I sold at 1.7330 which is also a strong price level on this pair. Hey, who can complain about a 230p trade within 2 day’s!
I expect this pair to fall further, but will be waiting for a retracement to a higher price before taking another sell.