Trade Review: GBP/USD

During the Euro session, we saw the GBP/USD gap down after a disappointing employment report in the UK. That brought the pair closer to our short entry trade. The US trade balance report was released with slightly better than expected numbers causing the pair to further decline. Our short entry order was hit and within the next couple of hours we reached maximum profit.

Lot 1: +25 pips

Lot 2: +35 pips

Total: +60 pips