This has really gone against me. I have left the position to run and we are now looking at a big loss. I have entered another short position at 1.3160 which gives me an average position of 1.3100.
Fundamentally I can't see why this has gone against me I must just have entered at the lows without a strong enough catalyst to move lower hence a sizable retracement.
If we break above 1.3200 then I may be in trouble and looking at a big loss.