P&L : -115
The BoE decided not to increase it's QE so the currency surged. I think I made the classic mistake of getting stung by the "sell on the rumour, buy on the fact".
Taking a break while I still have some profit left
Update 20/07/09 : A cleverer trade would have been to sell Gilts with a tight stop as if the BoE had decided to press ahead with more QE gilts would have jumped whereas to not expand their QE decision did cause a drop of over 3 pts.
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