FX.co ★ GBPUSD Trading Plan

Good afternoon, dear traders, here is a trading plan for the GBPUSD.

Yesterday was the birthday of Elizabeth II and was also a shocking day for the pound. During the day, the instrument lost 1800p:

I propose to consider this impulse as wave "A" of the large structure "ABC":

The purpose of fixing the short positions is the stop daily level in the region of 1.21500.

The trading idea is based on the "Price Action" and "Footsteps" methods.

Success in trading and control the risks!