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08.04.202010:26 Forex Analysis & Reviews: Pound - there's absorption in the trend

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Good day, dear traders! I present to your attention, a trading idea for the GBP/USD pair.

This idea is the continuation of yesterday's plan to increase the price of the pair: https://www.instaforex.eu/ru/forex_analysis/24842...

Yesterday, the pair closed with an "absorption", confirming the bullish trend towards the target area of 1.25:

From the current prices, the risk / profit ratio is 1/1.

If you want to get more profit, I recommend choosing signals that would increase the pair in the smaller TF during the day. Keep your positions at the breakdown of the highs last week, and take profit in the round level of 1.25.

Good luck in trading and control your risks!

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