OANDA:GBPUSD   British Pound / U.S. Dollar
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OANDA:GBPUSD

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!
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