DislikedBritish Pound futures-6B This is S/T trading. Selling short as the pound breaks down from a London morning bid (USD 'was' on the offer across the board but pulling back as we approach NY). It would seem i'm going against performance of the pound (Up on Tokyo and London), but in effect i'm not. With half cent offered (not tagged) and a flipped bid 38 and 28( that is twice the buyer FAILED to hold trade) with sellers holding buyers down, performance is shifting as the DX kicks out from short trade breaking a 32 offer and bidding atop of the mark....Ignored
what static point of reference do we have here? to tell us the S/T trend is changing ?
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