We’re nearly up into the short term channel top and first of the long term resistance lines.

1.6217/25 are the levels at play.

GBP/USD daily chart 30 09 2013

GBP/USD daily chart 30 09 2013

At any other time I’d be happy to throw some weight behind a short here, but given the US risk I’m being cautious as any negative headlines could send us higher without giving the tech a second thought. I’ve got a small short and may add to it depending on how the yanks perform.