Trade Review: GBP/USD

After the release of the reports, we saw fast movement in the markets, and a lot of whipsaw action. Our short trade was entered, but soon after, the volatility cause the pair to hit our stop out level. News reports are definitely difficult to trade, and today was no exception.

Lot 1: -36 pips

Lot 2: -36 pips

Total: -72 pips