JamesDixonTobots

GBP/USD Scalping zone set up and wait for breakout.

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
29 0 2
Nice set up here for the scalper, we can tight short s/l from the resistance while waiting for a breakout. Fundamentals always say long this pair, unfortunately i don't want to start entering and holding longs at this price. 1.47 is a far better place to hold longs from. Recent news suggests UK isn't raising rates anytime soon. December FED rate hike, {If they do} will see some sharp move on this pair. Trade careful.
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