WestEndFX

GU short plan 4:1 RR

Short
WestEndFX Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Short plan continues as the upwards momentum seems to have slowed. Looking to sell at a double top or break of top around 1.37 handle, with some further confirmation at a 4:1 risk/reward.

Worth keeping USD basket in mind as if dollar continues to weaken then this plan may stall/track sideways - if USD recovers and we see GBP weaken this plan will hopefully work out well.
Comment:
USD seems to have found a bottom - let's see if it holds.

This plan didn't retrace to the double top ideal entry and has dropped fair bit since most likely a USD influenced move.
Order cancelled
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