justatrader
Short

Short GBPUSD (Experimental)

FX:GBPUSD   British Pound/U.S. Dollar
87 2 0
It looks like the obvious path for GBPUSD             is down south but anything could happen. Publishing this trade as an idea to check in hindsight. Note: I am NOT taking this trade..
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A break of the blue zone with either a strong candle or a new candle closing outside the zone would be a good entry. Note that there is a chance for price to revisit the zone again, so a pending SELL with a tight stop just a few pips above the zone should be good. Target is 1.50
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This trade is a go. SHORT and ride all the way through 1.50 and if you are feeling gutsy, move the target to 1.48.
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