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27.02.2024 09:39 AM
Tips for trading GBP/USD
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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.

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

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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.

Andrey Shevchenko,
Analytical expert of InstaTrade
© 2007-2025

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