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Thread: King of the Micro - Hot Trader Spotlight

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#193 (permalink)

07-13-2009, 11:47 AM

Terri Belkas Terri Belkas is offline

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Join Date: Jan 2007

Posts: 806

Hot Trade 07/13/09

One of the top traders bought GBPJPY this morning after the pair plunged below 148. The pair has jumped this morning and is currently testing falling trendline resistance near 150. What are your thoughts on GBPJPY and the JPY crosses in general?

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Terri Belkas is the author of Daily Fundamentals, Global Central Bank Comments, and Forex Trading Weekly Forecast on DailyFX.com.

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