Believe it or not fellow traders I went long 30x leverage on the GBP when it was around 1.1 - see the black line.
I couldn't hold the position because I needed to pay bills.
I think the Pound will reach 1.5 in the not to distant future which WAS my first TP... I think we may see a bit of a decline against the Dollar for a wee bit but I'm confident of it hitting the target.
Reasons being: People coming out of the housing market in the UK/ The continued decline of the Dollar and the bank of England continuing to raise interest rates.
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