TheMystiqueTrader

GBPUSD Retracement - Waiting for High Impact News. *OHLC*

Short
FX:GBPUSD   British Pound / U.S. Dollar
As I had mentioned in my previous idea, I was looking for a lower objective for the week, but I also accepted the idea of a possible retracement. If my objective was going to be reached, Cable would have needed to immediately expanded to that on Monday. As of right now, the objective I had for the week on Cable may need to wait. I am still overall short on Cable, but I am now open to the idea of being nimble (scalps) with longs.
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