The chart above shows my
trade for today (Click on the chart for an enlarge picture).Today I traded the
currency pair GBP/USD,after a break of the resistance level. My entry level was
at 1.63036 and exist level was at 1.63467 during the news release for GBP.
Further more,the GBP broke above the 10-day
SMA and rose to a high of 1.6364 after BOE minute showed the MPC voted
unanimously to keep its policy unchanged while October claimant count fell by
36.700 and the unemployment rate declined to 7.4% versus 7.6% expected. The
GBP/USD is currently trading at 1.6400 zone,recording a 0.6% gain on the day
ahead of the FOMC decision.
Am waiting to know the result of the FOMC
decision so I can trade on the impact of the news.
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