 Welcome traders to another Tick-Mail Chart here with me, Patrick Munley. We want to draw your attention to intraday opportunities in the sterling dollar on the hourly timeframe and from the consolidation 21st through to the 24th we had a final impulsive decline to the downside here, completing with some nice momentum divergence, testing the 127 extension of the prior phase of consolidation, buyers stepped in, we're broken out trend line resistance now so I'm looking for a move up into initially the 138-70s zone, probably a little bit of back and filling there, retest the weekly pivot from well 138-30s, watch for bullish reversal patterns here to set long positions, looking for a move up into the 140 level and even weekly range resistance 140-37. As always, traders plan the trade, trade the plan and manage the risk.