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FX.co ★ Tips for trading GBP/USD

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Forex Analysis:::2023-08-25T07:00:32

Tips for trading GBP/USD

Tips for trading GBP/USD

The trading plan presented last August 23 talked about a decrease in GBP/USD.

Tips for trading GBP/USD

The exact entry point lies in the M15 timeframe, and its trajectory looks like this:

Tips for trading GBP/USD

The pair's update of the monthly lows last night allowed the decline to happen.

Tips for trading GBP/USD

Congratulations to everyone who followed the plan! Pound moved by as much as 1,800 pips.

The trading idea came from the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.

Analyst InstaForex
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