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Forex Analysis:::2021-07-20T09:04:10

Trading idea for GBP/USD

Trading idea for GBP/USD

As expected, GBP / USD decreased in price and hit the second target level presented in the trading idea last June 23 .

The plan was to open short positions in order to push the price down:

Trading idea for GBP/USD

Result:

Trading idea for GBP/USD

Congratulations to those who followed the strategy! GBP/USD declined by more than 3,000 pips.

Have a good day!

(The strategy presented follows the Price Action and Stop Hunting methods)

Analyst InstaForex
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