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A1Investments

GBPAUD Bearish Trend Channel + RSI Overbought

Short
British Pound / Australian Dollar (FX:GBPAUD)  
A1Investments Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Trend Lines Bearish Patterns GBPAUD gbpaudshort shortsetup Bearish Trend Line
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trendanalysis supportandresistance trendline bearish gbpaud gbpaudshort shortsetup bearishtrendline
GBPAUD reached the top of the descending trend channel plus the RSI is indicating an overbought signal. This is a perfect short setup to catch some big pips!

Trade Details :

SL : 1.8460
TP 1 : 1.8200
TP 2 : 1.8050
Trade closed manually:
Trade ran +60 pips but rapidly changed directions & actually broke the top of the downtrend channel. Will be looking out for the trend-line retest.
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