FX.co ★ Tips for trading GBP/USD

The trading plan for GBP/USD indicated a potential decrease in prices.

The pair already hit the breakdown area for the third time, exerting pressure that could result in its completion and the continuation of the bullish trend.

In this situation, market players should close long positions to limit possible losses.

The trading idea follows 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.