Short: GBP/USD

By JD_FX
Updated
The price tested the channel resistance line and now seemingly reversing.
Price under 200 Day SMA confirming downtrend.
!hr Stochastic indicating the market is overbought reaffirming the price reversal.
15Minutes 5day and 8day SMA crossing suggesting a reversal.

Entry: 1.27363
SL: 1.27581
TP: 1.26999
Trade closed: target reached
Chart PatternsTechnical IndicatorsTrend Analysis

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