SamKent
Short

cable racing towards our sell zone

FX:GBPUSD   British Pound/U.S. Dollar
30 0 1
The GBP/USD             is shooting upwards with a massive hourly green candle. We've got the 1.6205 to 1.622 area as our zone to short the pair. Current momentum is looking extremely bullish of course, however, in the larger scheme of things we don't see the GBP/USD             as a bullish pair going forward, we're neutral about this pair and thus we'd be looking for shorter term range plays and well defined support and resistance zones such as the current one.
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