empty
 
 
21.05.2020 09:59 AM
Trading idea for the GBP/USD pair

This image is no longer relevant

Good afternoon traders! Here is a trading idea for the GBP/USD pair.

A bearish mood persisted in the pair this month, leading to the false breakdown of April's monthly low at 1.21500. To increase the pair, work on the large monthly auction between 1.21500 and 1.2650.

D1 chart:

This image is no longer relevant

The pound rolled back 1000 pips, giving the opportunity to enter the third wave from the pullback.

H1 chart:

This image is no longer relevant

Open longs between the retracement levels 61.8% and 38.2% presented on the chart above.

Cancel the plan if the quotes drop below 1.21.

Good luck!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback