Selasa, 29 Agustus 2023

Cancel the Sell Stop Order on GBP/USD Trade

Currency Trader

Cancel the Sell Stop Order on GBP/USD Trade

By Imre Gams, editor, Currency Trader

Tue Aug 29 2023

We’re going to cancel our pending sell-stop order on GBP/USD.

The currency pair has traded higher, invalidating the original trade setup. Let’s go ahead and cancel the pending sell order and wait for the market to give us a clearer trading opportunity.

Action to take: Cancel the pending sell stop order on GBP/USD.

Keep an eye on your inbox for the accompanying post-mortem analysis of this trade.

Happy trading,

Imre Gams
Editor, Currency Trader

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