zs00lt
Short

GBPUSD rejected at 1,6162

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
317 2 0
Even though we had an awful FOMC for USD bulls, we got an awful retail sales data this morning for GBP. I expect the GBPUSD             to trade back to 1,5940-1,5890 in 2-3 days. Probably the Fed speakers scheduled for Friday will also help this move as they will no doubt try to counter-balance Bernanke's words.
I have my SL in breakeven at 1,6095. I guess today it should rise until it is above 1,6020. We'll see.
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I am also waiting for a retracement to get on the ride.
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