Trade of The Week | GBPUSD Trading ๐Ÿ’ฐ

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ืชืžื•ื ืช-ื‘ื–ืง

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 ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡บ๐Ÿ‡ธ


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 ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡บ๐Ÿ‡ธ


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

Perfect example of a trend-following trading in action.

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ

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