Taking advantage of falling crude oil prices, the greenback enjoyed some significantly strong gains earlier this week. But rising unemployment is opening the way for a drop against its counterpart currencies.

The British Pound has been in a free fall during the entire month of August, and just hit its lowest point vs. the U.S. Dollar in over two years. What sort of a bounce would we need to see before getting an entry to sell the British Pound short vs. the greenback?