Pound is Too Heavy! - IFCN Wk 22 -Thu- Equity: $731.23

The British pound is still being pressured due to carry trades being unwound. The perception that the English economy is not substantially better than other industrialized countries has become realized in recent unassailable reports.Our FirstStrike trade shorting the Gbp/Jpy at the beginning of the week @ 207.09, w/protective stop at 207.99 – is still alive and well, so far holding over 450 pips