FX:GBPUSD   British Pound/U.S. Dollar
199 2 2
Corrective ABC can be completed here,
i am taking a short here, at 100% extension with a SL above 1.6304 that is the 61.8% retracement of the 1.6521 - 1.5952 decline.
I set my first target (1/2 position) at 1.6090 area, final target is 1.5930 area
BOE in 15 mins lets see..

taking off 1/2 position here at 1.6120, moved my sl to 1.6290.
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phaneroboy phaneroboy
Closing position here at 1.5952. Total net profit = + 338 pips
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