
The GBP has been unwinding for a day or so running up to the impending release of the Trade and visible trade balances. These are high impact events and could influence the pound to fall. I will watch the price action and take a snap shot of it when and if it moves anywhere. I will post it to this post as I'm actively trading this pair. (looking for a trade)
UPDATE: Here is where the price action took us several hours after the release. up a hundred pips. Those pound bulls can really confuse you as badly as the bears. What to do? I'm content to wait for another long.
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