Trade Update: Long GBP/USD 1.390

On the back of the release of the MPC minutes we've seen an increase in volatility in cable. We have actioned a long position at 1.390 with a 40point stoploss. We will move s/l to break even as the instrument moves to the upside. See the h1 and m10 charts below for our thinking behind the trade:






Safe trading all!