short gbpusd @ 1.5202 Target 1.5137 stop loss 1.5235

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 stängt manuellt:

Profit booked at 1.5160