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FX.co ★ Trading idea for the GBP/USD pair

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Forex Analysis:::2020-12-04T11:33:54

Trading idea for the GBP/USD pair

Trading idea for the GBP/USD pair

Pound bulls were in luck yesterday, especially those who followed our earlier trading strategy, which was to set up long positions in the GBP/USD pair, in order to raise the quote to 1.35.

Plan:

Trading idea for the GBP/USD pair

Results:

Trading idea for the GBP/USD pair

This simple trend, based on impulse trading and an understanding of target stops, yielded 7,000 pips!

Since October, we have already recommended working on the pound exclusively up to 1.35.

Now, the pair has reached our target, bringing plenty of profit from the market.

Huge congratulations to those who took up this strategy!

Analyst InstaForex
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