Trade of The Week | GBPUSD Trading 💰
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.
Our confirmation was an inverted head and shoulders pattern on 1H time frame.
Long position was opened on a retest of a broken neckline.
After a retest, the price bounced quickly, producing a nice profit.
Perfect example of a trend-following trading in action.
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