FX.co ★ Trading tips for GBP/USD

The trading strategy presented last February 21 was like this:

As of today, the pair continues to put pressure on the support trend line, approaching it for the fourth time in two months.

This may lead to a breakout, so traders should either close long positions, or refrain from taking them before the level. There is also a huge chance that the pair will fall below 1.19 and 1.1850.

The trading idea is based on the "Price Action" and "Stop hunting" methods.

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