- Technically, shorting EUR/GBP a better bet than outright EUR/USD (for exposure to negative EU events). A lot more downside potential in the former.
- Will add on to original trade on pullback to around 0.8250. Now at 0.8207. Did not pyramid on the way down because was suffering on CNY move. Overall looking much better now.
24 June 2010
EUR/GBP : Better Trade than EUR/USD
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Filled. Sold EUR/GBP @ 0.8252
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