Well, it looks as if the market actually discarded the hypothesis of a bull GBP. The outcome is a fresh new bear which will probably extend significantly the move started last week. As we tightened our stops our financials were not damaged to an unrecoverable extent. Just enough to realize the new mood and change direction. We also changed our favorite pair moving our best interests to GBPAUD. We believe the bear here will be far more hungry :-)
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