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A1Investments

Short GBP/AUD Pullback, RSI Way Overbought

Short
British Pound / Australian Dollar (FX:GBPAUD)  
A1Investments Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Supply and Demand shortsetup gbpaudshort forexsignals forextrading forexeducation pullbacktrade
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trendanalysis supportandresistance supplyanddemand shortsetup gbpaudshort forexsignals forextrading forexeducation pullbacktrade
Now is a perfect opportunity to short GBPAUD as the bears should start taking over and pullback the price to previous structure. RSI (14) is indicating that price is way overbought which confirms our pullback analysis.

Trade Details :

SL : 1.8630
TP : 1.8550

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Comment:
SL was moved to 1.8645
Trade closed: target reached:
SL hit at -40 pips.
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