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GBP/USD Reverses - Short Trading Signal

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
ForexWithTsanev  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators gpbusd gbpusdshort trendmagic vortexindicator
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trendanalysis indicator gpbusd gbpusdshort trendmagic vortexindicator
GBP/USD Short Trading Opportunity

1. The price closed below the Trend Magic Indicator line.
2. US Dollar Index DXY uptrend continues.
3. Vortex indicates downtrend signal.
4. Retail trader data shows 72% of traders are net-long. Strong contrarian short signal.

SL - above the Trend Magic Indicator line or Vortex indicator change trend signal
TP1 - 1.2040
TP2 - 1.1810

Keep It Simple and Always Trade With the Trend!

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