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20.07.202111:04 Forex Analysis & Reviews: Trading idea for GBP/USD

Exchange Rates 20.07.2021 analysis

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:

Exchange Rates 20.07.2021 analysis

Result:

Exchange Rates 20.07.2021 analysis

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)

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2021
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