I was bullish on Euro. However, the price is dauntingly high at the moment. Chasing exteme beauties is not my cup of tea. Therefore, I needed to find some pair that runs generally in sympathy with Euro but not over-bought like Euro. Pound sterling looks like an ideal candidate!
Prior to the nonFarm news, GBP/USD had been wobbling precariously on top for a while and then sliding steadily down, to the point of breaking down. After the nonFarm news further hammered it down some more, I decided it w…
dragon1 
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