With all the GBP strength over the last several days it probably seems crazy to think/talk about shorting GBP I'm going to do it and you can't stop me. I've already made some good cash buying EURGBP
this morning, GBPUSD
is next on the chopping block. I want to see this move 100'ish pips higher then i'll be looking for some short term trend line
breaks to sell. I love trading back to the 200 ema
on the 15 minute chart and that's what I plan to do here.
I'll have a new trend line
drawn at some point in the next 24-48 hours but if we see 1.3530-50 area I'll be selling.
See chart for details....