Fundamental analysis

GBP/USD: workout of trading idea worth 4,000 pips. Grab your gains!

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Hi, dear traders! Let me introduce you to the trading idea for GBP/USD.

On October 20, I shared my trading idea for GBP/USD’s growth within a large ABC structure.

Here is my trading plan:


During the European session yesterday, the trading instrument triggered the sellers’ stop losses at 1.15 in confidence. This enabled us to take profit
from our long positions.

How the idea worked out:


My congratulations to those who took advantage of this trading recommendation! The upward move is measured at more than 4,000 pips on average!

If you haven’t fixed long positions with profit yet, I would recommend you take profit on GBP/USD at current price levels.

This trading idea is developed on the basis of the methods: Price Action and Stop Hunting.

Good luck in trading! Make sure you manage your risks!

The material has been provided by InstaForex Company –