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FX.co ★ GBP/USD – take profit!

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Forex Analysis:::2020-02-10T07:31:14

GBP/USD – take profit!

ood day, dear traders! Congratulations to those who used our trading recommendation to sell GBP/USD on February 5 and 6:

/en/analysis/244591

/en/analysis/244667

Let me remind you that after Boris Johnson's statement saying that trade negotiations with the European Union promise to be difficult after Brexit, the idea was to work out the classic three-wave correction.

Plan:

 GBP/USD – take profit!

 GBP/USD – take profit!

Development:

 GBP/USD – take profit!

The breakout of the round level 1.29 occurred on Friday, in the US session after the NFP:

 GBP/USD – take profit!

Good luck in trading and control your risks!

Analyst InstaForex
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