10 Percent Profit on UK GDP Contraction

UK GDP (A) Contracted 1.5 percent, a little more than estimates. I made 10 percent profit with selling gbpusd three times before the GDP announcement. Pound was under pressure from the start of the week and I was asking myself that to what degree the negative news were priced.


1 - Opening the first position

2 - Opening the second position (with a conservative stop loss)

3 - One position automatically closed with 147 pips profit

4 - I closed the other with 124 pips profit

5 - Another position opened latter

6 - I closed it just minutes before the announcement with 105 pips profit

7 - End of the day

8 - GBPUSD in week