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 - www.instaforex.com