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Back Trading plan
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Back Trading plan
GBP/USD: Trading Plan for the U.S. session on September 17 (analysis of morning trades). The pound fights for 1.3215
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.3215 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened. The rise and false breakout at 1.3215 triggered a sell signal for the pound, resulting in a correction of only 20 points, after which demand returned. The technical outlook has been revised for the second half of the day.To open long positions on GBP/USD:The absence of U.K. statistics had its effect, allowing
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
GBPUSD
Great Britain Pound vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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