Next up, shorting GBPUSD. This trade is slightly trickier, as there are 2 possible scenarios for this pair. Though both scenarios are still short trades.
Scenario 1
SHORT GBPUSD around 1.5480-5500
Stop loss 20-30pips
Final target profit 1.5300
http://i46.tinypic.com/fa91de.png
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Scenario 2
SHORT GBPUSD around 1.5540-60
Stop loss 30-40pips
Final target profit 1.5300
http://i50.tinypic.com/16a1u7o.png
Scenario 1
SHORT GBPUSD around 1.5480-5500
Stop loss 20-30pips
Final target profit 1.5300
http://i46.tinypic.com/fa91de.png
_______________________________________________________________________________________________________
Scenario 2
SHORT GBPUSD around 1.5540-60
Stop loss 30-40pips
Final target profit 1.5300
http://i50.tinypic.com/16a1u7o.png