Mj_russell
Short

High probability short set-up

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
39 1 1
With the US Dollar             continuing its bullish run I believe we will see the 1.5648 level seen again, only to be rejected and continue lower.

As it has done this previously and failed to take out the earlier low this will be a low risk entry, with only .5% risk. If the 1.5557 target is taken out we may see 1.5489 hit.

My stop was too tight on this, but I re-entered at the old high for a 70 pip take-profit.
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