FX.co ★ Trading tips for GBP/USD

Yesterday's trading plan in GBP/USD talked about decreasing the price by breaking the bullish structure within the three-wave (ABC) pattern.

plan:

Pound really went down during the US session, then today hit 1.21300.

Congratulations to all those who followed the strategy! The pair moved by over 1,000 pips.

For those who are yet to close their short positions, you should do so at the current prices in order to gain huge profit.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.