GBP/USD SHORT Confluence

FX_IDC:GBPUSD   British Pound / U.S. Dollar
Will be watching the price action closely for a short as there is a good confluence of data. It's at the . 886 retracement level as well as a bearish bat pattern. TheRSI is in overbought territory as well. A pin bar is forming on the 4h chart.

*Trading ideas are personal view. Not a recommendation for a buy or sell, please use your tested strategy.

As always if you need any help feel free to contact me.

Jan 26
Comment: Covered 1/3 of the position and moved stop to b/e
Jan 31
Trade closed manually: Closed all positions as the gbp looks like its gonna rally.


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