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Back Trading plan
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Back Trading plan
GBP/USD: Trading Plan for the U.S. Session on May 6th (Review of Morning Trades)
In my morning forecast, I drew
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In my morning forecast, I drew attention to the 1.3309 level and planned to make market entry decisions based on it. Let's take a look at the 5-minute chart and analyze what happened. The formation of a false breakout around 1.3309 provided a good entry point for long positions, resulting in a rise of the pair by more than 70 points. The technical picture was revised for the second half of the day.To open long positions on GBP/USD:Strong UK services
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
GBPUSD
Great Britain Pound vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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