Here’s why I’ve cashed in my long held GBPUSD longs
Break of 1.5000 GBPUSD means time to take the money off the table
I’m now out all of my cable longs from 1.50 GBPUSD down to 1.4610 GBPUSD after this break of 1.50 GBPUSD
The level has been a line in the sand for me and the constant fly in the ointment has been the Fed and hikes. We’re still two weeks away from the FOMC but I only see further downside from here