Here’s my counts
Monday 1.7309 highs to Tuesday lows 1.7214. Questionable to take profits here when targets failed to achieve and did we know GBP pairs would skyrocket higher. GBP does this from time to time on an entry then decides to rocket higher. And at the same time when exact entry wasn’t seen.
Then Tuesday 1.7303 highs to Wednesday, today, 1.7133 target. The sell Point was 1.7315 and 1.7341.
Same story with GBP/NZD. Achieved 116 pips on shorts then traded past 2.0304 weekly entry. And did we know GBP would trade higher, no.
But Monday’s 2.0290 was close enough to 2.0304 for entry. The final highs were 2.0400 and passed entry. That’s wonderful.
Let;s assume no short entry at 2.0290 but entered at 2.0304 and add 1 lot at 2.0400. Lows achieved 2.0236. From 2.0400 then 164 pips and 2.0304 is 68.
GBP/NZD target remains far away at 1.9900’s. Should we even take profits and count above pips.
My advice for most traders is get the money 1st and target die to distance, second.
Not sure GBP/AUD is under question at 1.9515 from 1.9480
EUR/CAD runs a loss about 100 pips
Most don’t bother with GBP/ZAR nor NOK and other currencies outside our regular 28