Profit: $1.69 Total: $604.55
Just like I called it yesterday, the dollar took a small breather today. The GBP/USD finally pulled back while other dollar pairs had some rest. I wasn’t too crazy about the pullback because the volatility was still pretty weak. Judging by the speed and momentum of the move, I’m not too sold on a reversal just yet. I took some small GBP/USD and GBP/JPY scalps today, but sold it off pretty early. Still very cautious about the pound fades, although longs can still be an option for tomorrow.