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A1Investments

Short GBPAUD Daily Resistance + RSI Overbought

Short
British Pound / Australian Dollar (FX:GBPAUD)  
A1Investments Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Double Top or Bottom Chart Patterns gbpaudshort GBPAUD forexsignals forextrading shortsetup Double Top shortsell forexsignal
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trendanalysis doubletoporbottom chartpattern gbpaudshort gbpaud forexsignals forextrading shortsetup doubletop shortsell forexsignal
GBPAUD reached a resistance level that price rejected at in March plus the RSI is indicating an overbought signal. This is a perfect short setup to catch some big pips! There is also the possibility of a double top formation but more time is required for confirmation.

Trade Details :

SL : 1.8900
TP 1 : 1.8750
TP 2 : 1.8600
Trade closed: target reached:
Both TP 1 & TP 2 have been hit! Congrats to the ones who took this trade.
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