Seems like the GBP/JPY pair is moving up quickly at the moment. I've placed a pending short order at the 126.50 area together with the trendline above it. Got to be cautious with this wild pair.
Monday, 15th October 2012 Short GBP/JPY Update.
This trade is triggered today.
Lose this trade. Probably not a good idea to place a trade below an ascending trend line.
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