Trade view /
04 August 2016 at 12:06 GMT
The original trade idea
hoped that the Bank of England would deliver
a package like they did today. The trade worked despite very weak technical justification for the position.
The trade was predicated on the belief that Mark Carney would follow through on some of his comments that he made, post Brexit and largely because the GBPCAD
range from early July was still intact.
The trade was updated after today's BoE statement and recommended closing the position at 1.7220 for a gain of 0.320 points.
Note: The sell order at 1.7590 was not filled.
Sell ½ GBPCAD at market (currently 1.7540) balance at 1.7590
— Edited by Clemens Bomsdorf
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