fxwhitebelt

Short pound on reduced risk

Short
FX:GBPUSD   British Pound / U.S. Dollar
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.

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