Yesterday, we alerted for a possible trade in our seasonal long British Pound in June strategy if the currency pair closes above previous day’s close. It did so our trade is one. For tracking purposes we will use the yesterday’s close.
- Go long GBP/USD at or near 1.67900. Three out of four entry strategy generated this signal
- Go long FXB at or near 165.30
The trade is normally held till mid-July. We will send an alert when the exit signal is generated. At the end of June we will buy one more lot of GBP/USD.