Trading idea for GBP/USD


Good day dear traders! I present to your attention, a trading idea for the GBP/USD pair.

As you can see on the chart below, there was a "false breakdown" of the lows of Thursday and Friday yesterday.


Therefore, today, in order to increase the price of the pair, I recommend holding a position on the breakdown of the previous week's peaks, as well as fixing profits in the area of 1.25.

The risk / profit ratio can reach 1/5.

Good luck in trading and control your risks.

The material has been provided by InstaForex Company -