Looks overbought and taking a short trade...
- The OANDA:GBPUSD pair sthe pair rebounded from a short-term ascending trend-line support near 1.2400 handle and rose to 1.2480 regon
- Despite of yesterday's recovery bounce, OANDA:GBPUSD remained within a short-term symmetrical triangular formation and hence, a subsequent retracement could get extended towards the lower ascending trend-line support near 1.2400 handle
As usual 20-25 pips profit target. Ride with me!