GBPUSD potential reaction zone around 1.5235 Short

FX:GBPUSD30

British Pound/U.S. DollarFXCM

Description

⋅ Feb 25, 2013 7:40 AM

Looking at short setup at supply zone

Comments

tradergav

⋅ Feb 26, 2013 7:27 AM

Early short setup was spotted before price approaching the zone. And the existing setup does not offer enough value now. Here is the intraday setup during early European session.

tradergav

⋅ Feb 25, 2013 7:43 AM

Not too sure why all the lines and boxes I have drawn on the chart are missing after publish.
Anyway, the original chart is here tradergav.com/2013/02/25/gbpusd-25-feb-2013/