Good day, dear traders! I present to your attention, the analysis of the GBP/USD pair.
According to our trading recommendation yesterday to buy a pair /en/analysis/24577..., a good news happened. The pair went to the top, breaking through the short triangle.
However, not all traders jumped on this train. Thus, I suggest looking at longs from the rollback today:
At the moment, the potential movement needed to update 1.3070 is 1000p.
Let me remind you that in the framework of the "stop hunting" system, the target level of profit-taking is the stop level of our counterparts. In this case, it is the sellers who are now standing (hiding risks) behind the February area of 1.3070.
Meanwhile, Christine Lagarde's speech, which will take place today at 14:30 London time, may add to the volatility of the currencies:
Good luck in trading and control your risks!
