Forex Trading: GBPJPY shoots up and hits stops

Forex Trading: GBPJPY shoots up and hits stops

Published by InformedTrades
08-13-2008

Forex Trading: GBPJPY shoots up and hits stops

Forex Trading: GBPJPY shoots up and hits stops

Stops were hit above the 206.22 level pushing GBPJPY to a high of 205.38, but the pair moved quicly lower. Markets got really volatile as shorts covered.

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