Today I traded the currency pair EUR/GBP. My trade today was based on fundamental and technical analysis,after the following news release:
(1) Claimant Count Change
(2) Unemployment Rate
(3) BOE Gov Carney Speaks
(4) BOE Inflation Report
The news release all favored the GBP at the time it was released.
After trading the news release,based on technical analysis I entered another position (a buy order) when the market reached it oversold region on the RSI indicator level 10,for just 10 pips.(Click on the chart for a bigger picture)
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