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27.05.202010:19 Forex Analysis & Reviews: GBP/USD - take your money!

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 27.05.2020 analysis

Good afternoon traders! Congratulations to those who followed our trading idea of opening long positions on May 25 .

The plan was to work out an ABC pattern:

Plan:

Exchange Rates 27.05.2020 analysis

Results:

Exchange Rates 27.05.2020 analysis

The first goal was reached! The movement taken was more than 1,000 pips.

Close 2/3 of the positions and leave 1/3 to work out the second goal, moving them to a breakeven.

Good luck!

Andrey Shevchenko
Analytical expert of InstaForex
© 2007-2024

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