FX.co ★ Tips for trading GBP/USD

The trading idea for GBP/USD points to a decline in prices according to this movement:

It occurred today during the European session, right after dollar demand surged, which allowed the pair to break through the two-week low.

Congratulations to everyone who took advantage and followed the trading idea! The pair moved by as much as 1,000 pips. Short positions can now be closed for profit.

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.