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News-Dollar edges up vs euro as market reassesses poor US data
I shorted GBP/USD market twice today after receiving confirmations from the signal software and also sticking to a USD bullish stance . And after more than 3 hours of holding, I made a gain of +7 pips overall.
Sometimes, the market made no sense at all. Even after a lower than expected home sales report, the US dollar picture was still mixed. Fortunately, this mixed reaction favoured my short GBP/USD position and I was lucky to escape with a profit.
Closed short GBP/USD at 1.9746 for -4 pips
Closed short GBP/USD at 1.9733 for +11 pips
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