Thread: Gbp/jpy
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  #179 (permalink)  
Old 05-15-2008, 05:44 AM
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It was a good short until some news came out at 5am eastern which had a bullish effect on the GBP. I got out of my short with a few pips, so no complaints
The GBP is set up for a major reversal and if it goes up, it will drag the g-y with it, so I guess shorts are off the table for now. I'll be on the sidelines (but long the GBP) until it looks more decisive.
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