GBPUSD has been in an upwards trend all day. In the last hour we have run up into over bought in the RSI but not broke the weekly high from the 3rd March. We are looking to break the trend line down and then hold on the trend range forming at the top. If these two conditions are met then it will indicate a reversal of the days trend.
Trade closed: target reached:
Pulled back down to start of day price for a 15% return.