I got an email from OANDA yesterday warning me they would be lowering leverage caps during the brexit event on thursday in anticipation of market volatility, and asked me to consider how I would prepare for the event.
I’m currently in profit on a GBP/USD short by about 90 pips, and I’m just not sure what to do. Should I just take profit and go into tomorrow flat? Or should I move my stop to lock in a little bit of profit and just see what happens? Or I suppose I could sell half the position and let the rest ride.
Normally I try to ignore news, but having been warned by the broker I feel like I should prepare somehow.