Tuesday, 29 September 2009

CBI Realized Sales pushed the GBP up.

CBI Realized Sales showed higher sales volume and it pushed the British Pound up from 1.5841 up to levels of 1.5950-1.5960 shortly after the data was released.


Comment:
Position GBP/USD bought at 1.5858 and position sold at 1.5948. Profit of 90 pips.