Day 436: GBP crashes

Profit: $3.62 Total: $1,000.24

Today’s Forex news happened in Asia session and it seems like there was an algo flash crash. The pound is slowly dying as each day is closer to the article 50 getting triggered. No one wants to buy pound before article 50. It’s tough to call bottom since some pairs like GBP/NZD broke monthly supports and made historic lows.

Missed today’s London session and only had one EUR/GBP short trade today. NFP is tomorrow and this whole pound chaos is giving volatility in the markets. Dollar is looking nice and strong, lets see how it reacts after NFP.

The black horizontal is the monthly support that broke and the pair dropped 900+ pips in seconds. Wonder how many people got rich and how many people lost money.



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