fxwhitebelt
Short

Short pound on reduced risk

FX:GBPUSD   British Pound/U.S. Dollar
56 2 0
Conscious NFP so stop runs are in order but there is what I think looks like a MMS             profile running up to an hourly bearish OB             , at the OTE             level, coinciding with the 1st STD of the CBDR of 1.5702.

Only concern is NFP running stops above 1.5725 hence much reduced risk.

Again, daily 9 & 18 EMA on both GBPUSD             and USDX confirm short position only for me.
short 1.5705, stop 1.5730, TP 1.5640
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fxwhitebelt fxwhitebelt
No entry, always next week :)
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