Trade of The Week | GBPUSD Trading đź’°

By VasilyTrader
snapshot

Hey traders,

This week, we were watching carefully GBPUSD.
The price was approaching a key level, and we were waiting for a confirmation to buy.

GBPUSD: Key Levels to Watch 🇬🇧🇺🇸


Our confirmation was an inverted head and shoulders pattern on 1H time frame.
Long position was opened on a retest of a broken neckline.

GBPUSD: Bullish Setup Explained 🇬🇧🇺🇸


After a retest, the price bounced quickly, producing a nice profit.

Perfect example of a trend-following trading in action.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
forexsignalsfreesignalsfxsignalsGBPUSDHead and ShoulderssignalsignalsSupply and DemandSupport and Resistancetradingsignals
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