Weaker-than-expected US New Home Sales & +31 Fast Pips (9)

US New Home Sales came in at 460,000, which is weaker than expected. The price action was fast and forceful, but moving against the news. The Newstrader program got "IN" for the very last piece of the selling action in the GBP/USD markert. +25 pips fast target and +6 pips slow target.


If you are looking for a little more information about the past news trades, go here.