USD Unemployment Claims : For this piece of news we had forecasted a negative reaction from the gbp/usd. We were correct. We called for sell on g/u five minutes before numbers were given. Priced Immediately dropped in our favor for 56 pips.. We banked 50 of those.
USD Existing Home Sales : We forecast a delayed positive reaction on the Gbp/Usd from this upcoming news. We were correct as we called for buys minutes before the numbers came out.
Price moved in our favor for 99 pips.. We took 50 of those pips on the call.
We are currently 38 for 41 for news trade call accuracy
We are currently positive for 1380 pips.
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