fxwhitebelt
Short

Short pound on reduced risk

FX:GBPUSD   British Pound / U.S. Dollar
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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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