Today in forex trading the GBP weakness provided a lot of trading opportunities. The GBP sold off on all pairs, driving price movement. The GBP/NZD dropped strong to the downside. This pair could continue lower to the next support level. Other pairs like the GBP/AUD also dropped but we would be scaling out lots and taking some profit as this pair is nearing one support level. The alert system you see picture below is the Forex Heatmap®, which provides live visual alerts for 28 currency pairs and eight currency groups.
Forex Alert System GBP Weakness 1-13-2014