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Originally Posted by RealFX
Nah, was just the market reversing. Made for some ugly charts.
Sometimes money is thrown around to prevent big money from getting lost, but I don't thnk that case here.
I hope some of you did well on the yen today, as I did  |
You were all wrong I'm afraid. Sterling's moves on the 20th were all related to the large EUR/GBP fixing trade executed on the back of the Shell / Royal Dutch listing story. To the best of my knowledge that flow is all done now.
GJ