Even though the GBP/USD took out 1.4516, my system is not showing the GBP/USD to go LONG for the next month or so. Therefore, look for strategic short positions right now on the GBP/USD. Here  is a snapshot of a current short trade I am currently in. Of course, you’ll notice the level of resistance the GBP/USD kept hitting at 1.4467.

GBP/USD 5-24-2010