FX.co ★ Trading idea for GBP/USD

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

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

Result:

Congratulations to those who followed the strategy! GBP/USD declined by more than 3,000 pips.

Have a good day!

(The strategy presented follows the Price Action and Stop Hunting methods)