The GBPUSD is trading in a very well defined ST range:

In this case, both short and long opportunities are in play in the GBPUSD on either extreme, but once the market breaks the range, I will only look for opportunities in the direction of the breakout.

But as long as the GBPUSD keeps trading in the zone, just play the range.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/