As the Dollar continues to decline, all major currencies rallied. This afternoon, just before the London market opens, GBP/USD registered a high at 1.2344. Shortly after, this market starts to pullback. It is possible, we may see a resurgence in the Dollar in the near-term. If so, this presents a selling opportunity.
#1 Sold @ 1.2293 Mon, Dec 5, 15:47pm. Closed Out @ 1.21786 Tue, Dec 6, 23:48pm.
Stop @ 1.2360. Moved Stop to Break0even Mon, Dec5 23:29pm.
Target @ 1.1790.