For Traders

Analytical Reviews

Trading plan

30.09.202209:26 Forex Analysis & Reviews: GBP/USD: trading idea worked out! Take your gains!

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Hi, dear traders! I'm pleased to tell you that my trading idea for GBP/USD worked out yesterday.

GBP/USD followed our yesterday's trading idea. I predicted that the trading instrument would grow in the American session. Indeed, the price surpassed one-week highs in confidence which enabled us to close long positions with profit.

Let me remind you of the trading plan.

1.0995 is where the sellers set stop losses.

The Bank of England's forex interventions generated a three-wave structure.

How the trading plan worked out:

Congratulations to those who took advantage of this trading idea! The price moved 1,000 pips upward. Importantly, if you didn't take a profit yesterday, I would recommend you should do it today. You will gain even bigger profits!

The trading idea was developed in line with the Price Action strategy and the Stop Hunting strategy. Good luck in trading! Make sure you manage your risks!

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.