It's going to be a quiet day in the UK today as it's a bank holiday and I reckon the markets are going to be subdued in anticipation for NFP on Friday. That said, I have placed a 34 pip short on GBP. - Stochastic is indicating some momentum, but not loads hence why a short trade. - Histogram on MACD is showing reversal - MACD line and the signal line are crossing - Chart is signalling that a reversal is already in play, so I might be a about 10-15 pips late on the short - price has crossed the moving average on the Bollinger bands