frankly if i knew i would be placing 500 standard lots...looks like its losing steam, might see a little uptrend now but i doubt if it will go as much as 50 pips before downtrend continue to 139.000 ish and below, i have closed half my trade for 200 pips might just close the other half if it hesitates too long
They are hitting the fibs on the way down. I dont know why some of you were long. H&S on a 4 hour, daily shows that it possibly finished a wave 4 up etc, the fundamental announcement just earlier was negative for the GBP....