[thehun69]

I should clear up a few things:

1)When I say short the pound, I mean short GBP/USD
2)When I say short, I am basing it on the spot price as it stands now
3)As for those other things, I really don't have any prediction or opinion on the interest rates or any globalmacro indicators. It all comes down to that Samurai analogy that I gave you a while back. Right now, that Samurai, is about to take a fall (once it goes through 1.095, then I know he's falling and not faking me out). Once it goes through, then I'll assess the next stop and where I'd like to take my profits. My concern is the next few days only. I'm in I'm out, I move on. Granted, yes the OP was asking about September futures, and I am here trading on spot prices. Regardless, my analysis still stands and 100 pip move will make a short futures purchase profitable.

THE HUN.