Interesting, Is that because
1. You expect a rebound in the Dollar now that JP Morgan has bought Bear Sterns?
2. You see further weakness in the Pound showing up today because of an upcoming announcement?
3. You are looking at the Technicals and they indicate a retrace in the Pound's movement?
I'm always more interested in why folks decide on a trade - rather than just the trade itself as it helps me learn more about Forex.
Good Luck !!!
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