GBPUSD PROFIT

GBPUSD PROFIT
23rd June 2017 contacttf
Cable (or the cable) is a foreign exchange term used for the GBP/USD currency pair rate (British pound priced in US dollars). The term cable is a slang term used by forex traders to refer to the exchange rate between the pound and dollar and is also used to simply refer to the British pound itself.

I missed the first and second opportunity to get in because I did not view the chart until late morning.

The entry was in line with my strategy, but a little lower.

The trade worked out, and I closed by following my strategy.

I am happier now.

A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the counter currency. The most traded currency pairs in the world are called the Majors.

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