FOREX GBP/USD 15th Sept 2008



GBP Daily 15:00

GBP kicked up into Monday's 3-day high and stalled.

There is still an expectation that GBP should come down and re-test the 5-day 50% level before any new UP trend continues.

I was shorting around Sunday's highs earlier, but with the shift in Time on Monday, price continued higher.

No other trades taken as away from the screen.