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Fundamentals and technicals was pointing to a resurgence of the GBP, so I decided to buy a one month call option expiring Oct 15th struck at 1.6160, premium of 118bps, a breakeven of 1.6278.

I squared the position on October 19th at about 5:40pm at 1.6485 for a whopping 2o7bps trading profit.

Ladies and Gentlemen………….this was a super yummy trade!!!!!!

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