fxstraderomi

short gbpusd @ 1.5202 Target 1.5137 stop loss 1.5235

Short
fxstraderomi Updated   
FX:GBPUSD   British Pound / U.S. Dollar
2
The sideways channel was breached by the last hourly candle and the current rise ran out of stream at 1.5206 (38.2% of Nov first week drop).

Overall trend is downwards as well - after inverted head and shoulder failure on the daily chart at 1.5930 in June, followed by a falling channel seen on the daily chart.
Trade closed manually:
Profit booked at 1.5160

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