GBP/USD is tracing out a pattern rather similar to EUR/USD. Both pairs peaked at about the same time and yesterday saw further decline after a failed attempt to rally. If there is another rally attempt, a selling opportunity may arise.
Sold @ 1.2250 Wed, Dec 7 12:13pm. Lowered Limit Sell Order to 1.2225 Wed, Dec 7m 22:29pm. Limit Sell Order Filled Thu, Dec 8, 01:53am.
Stop @ 1.2410. Stopped Out @ 1.24106 Tue, Dec 13, 09:30pm -$909.44
Target @ 1.1830.