The Gpb/yen has fallen hard and in hindsight i took profits far too early. The market has broken the lower trendline which defines the wedge which is shown on the charts i sent yesterday.
Getting an entry now in an extended market will be no easy affair. Its late in the european morning and i will try and get an entry at the US open.
Also a post to come on a big opportunity in the $cad
Tuesday, January 5, 2010
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