FX.co ★ Trading idea for GBP/USD

As expected, GBP / USD decreased in price and hit the target levels presented in the trading idea last June 23 .

The plan was to open short positions in order to push the price down:

The first target was reached last July 1:

And the second target is 1.36500.

For those who were unable to follow the plan, refrain from opening long positions, at least until a false breakout at 1.36500.

This follows the framework of Price Action and Stop Hunting strategies.

Good luck!