TomProTrader

GBPUSD shorting continuation opportunity.

Short
FX:GBPUSD   British Pound / U.S. Dollar
1
Shorting opportunity forming on the GBPUSD. The stochastic RSI is severely overbought. I think this will be a good shorting opportunity especially if the 200EMA acts as resistance before the stock continues going to the downside.I wouldn't recommend entering this until the blue rectangle (drawn in the chart) has been hit.

Good luck traders.
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