FX.co ★ Trading tips for GBP/USD

Previous trading tips for GBP/USD pointed at a possible decrease in prices. That was what happened last Friday, after the Bank of England raised interest rates, and after the US released strong employment statistics.

Plan:

Development:

Congratulations to those who followed the strategy! The pair moved by as much as 1,000 pips.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day!