Main Quotes Calendar Forum
flag

FX.co ★ Trading idea for GBP/USD

parent
Forex Analysis:::2021-05-26T11:50:23

Trading idea for GBP/USD

Trading idea for GBP/USD

Pound traded sideways last week, which formed a clear border at 1.41. But now, quite strong selling pressures are present in the market, so GBP / USD will most likely move down.

Trading idea for GBP/USD

Considering this, it is best to open short positions in the market, and then take profit on the breakdown of 1.41.

Such is in accordance with the Price Action and Stop Hunting methods.

Good luck and have a nice trading day!

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...