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Originally Posted by Richard Lee
Sounds like a great straddle you got going....
I've found that GBPJPY is great hedging cross for the major spot, it takes the shift out of the sterling at odd hours of the night, limiting any losses that may go against you.
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Thanks Richard,
I still do use GBPJPY as a hedge, usualy for a news release, any big move on USD and hence cable is offset by the USDJPY move.