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May 1, 2019 7:34 PM

Short GBP/AUD Pullback, RSI Way Overbought  Short

British Pound/Australian DollarFXCM

Description

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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