DislikedNasir.khan commented earlier before Posen comments. Very dovish comments. I wasn't expecting that talk. A lot more aggressive than the FED. One of the advantage of been a big player with their own currency and monetary policy.
I cleared longs on cable a few hours ago after the comments. It certainly look very bearish if daily break 1.574x and I may have to change my mid term outlook on the pound...
GL on those shorts, I will only join you with a daily close below.
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those who can, do. those who cant, talk about those who can