GBP offered a slow and steady short overnight.  The session was a little unusual in that the breakout sellers were not punished.  One day a week or about 20% of the time breakout traders get off easy and don't get eaten by the Whales.  Eighty percent of the time this will not be the case so DO NOT BE A BREAKOUT TRADER!
Recognizing a small stop was all that was needed to enter short after the intial pullback - after the UK session began, followed by 2 hours of consolidation, an entry is taken.  Both targets are hit.

Let's see what Friday brings us.

Questions are welcomed?

Good luck with your trading.  Keep in simple.

Michael
www.privateforexcoaching.com