GBP/USD: Sell trade hits targets +4%
On April 22 2026 I posted on social media @AidanFX the GBPUSD sell trade with stop loss and targets – ”GBP/USD Sold at 1.3520 Stop Loss at 1.3535 Target 1 at 1.3490 Target 2 at 1.3475″.
GBPUSD moves lower and on April 23 2026 price hits the 4R target at 1.3460 from 1.3520 and I closed the sell trade for +60 pips (+4% gain risking 1% on every trade). Read more…
Pound Sterling trades subduedly ahead of Fed-BoE policy announcements
The Pound Sterling (GBP) trades with caution against its major currency peers, higher against antipodeans, during the early European trading session on Wednesday. The GBP/USD pair edges lower to near 1.3510, but is broadly sideways, as the US Dollar (USD) trades calmly ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, is 0.1% up around 98.70. According to the CME FedWatch tool, the Fed is certain to keep interest rates unchanged in the range of 3.50%-3.75% for the third meeting in a row. Read more…
