In part due to the release of US NFP data, only one position was entered in GBP/USD at 1.2465, however, the recovery from 1.2419 turned out to be slightly stronger than expected, our stop at 1.2500 was hit but price met renewed selling interest at 1.2506 and dropped in line with our bearish expectation, price eventually fell to as low as 1.2365 before recovering.
No position was entered in other currency pairs last week.
In short, only 1 position was entered among all 4 currency pairs with total loss of 35 points and the position is listed below:
4 Apr : GBP/USD – Short at 1.2465, exited at 1.2500 (- 35 points)
|Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â JPYÂ Â Â Â Â Â Â Â Â Â Â Â EURÂ Â Â Â Â Â Â Â Â Â Â Â CHFÂ Â Â Â Â Â Â Â Â Â Â GBP
Jan         + 167            – 85             – 10           + 50
Feb         + 200           +150            +93           – 59
Mar             -23           -70            -23        – 35
Apr                                                                    – 35
May        Â
Jun         Â
Jul          Â
Aug        Â
Sep            Â
Oct        Â
Nov       Â
Dec                                                                                              Â
Y-T-DÂ Â Â Â Â Â + 344Â Â Â Â Â Â Â Â Â Â Â – 10Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â +60Â Â Â Â Â Â Â Â Â Â -79Â Â Â Â Â
