Shorting GBPUSD in line with MMSP Short

British Pound/U.S. DollarFXCM

Description

⋅ Dec 4, 2014 1:50 PM

Stops were hunted above a key level, 1.5880.

Some clean stops are resting under the 1.5640 level, EURGBP is rising, supporting the idea to short the GBP

Comments

hopiplaka1

⋅ Dec 4, 2014 2:22 PM

Stopped out really fast. The stops above 1.57 were taken, but still the correct move down.