Time for some Premium price action

Everything is in place for GU to start moving bearish. At this point we wait for London session and look for all the stars to align.

Trade active:

watched the delta turn negative just before London open and ended a Short at 1.27457. As the open happened price started to move bearish as expected. Stop now moved to protect positions. This could be a swing but anticipating at least a break of the previous weekly low @ 1.26505.