Are looking through my previous transactions to attempt and find out from them. Right now looking back, I probably shouldnt have exited those transactions based on a single news. The pound has the potential to fall along with the bull movement was just retracement.
These transactions re-emphasized that I must not allow my emotions rule my head. In cases like this, it is the fear of losing profits and substaining loss. I must be willing to give up my profits if I want to stay in the trade.
Gbpzar currently marginally above 16.5 while gbpjpy approximately at 142.3. I would still maintain the green had stayed in the commerce.
Update 04/06/2017
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Latest londen attack unfolding. I'm watching. My condolences go out to the victims.
However, I cannot ignore the economic and political reprecussions which could accompany this attack. Will investors flock from uk? My opinion is that there will be a temporary selloff of this gbp. Which can recover per week. Political parties of both sides may also talk about security policies. Which might affect the election. I expect a bear gap for gbp when market opens. And I might brief the pound if there's a scarcity of bear action when market closes. On the assumption that price will grab up to the news