So it’s almost the trading day on Monday 31st of July at the time of writing this, my GBP/USD analysis that was posted on here at the beginning of last week has just hit the 1.3200 target. The original post can be found by Clicking Here.
If taken, 200 pips could have been bagged.
Just so you all know, I will be showing the losing trades also, so we can reflect on what happened and if it was a fault with my analysis or simply that the market didn’t cooperate. It just so happens we haven’t had any yet.
Here are the before and after shots:
The monthly candle will also close tonight. All the major pairs’ candle are looking very bullish – I fully expect the US Dollar to lose more strength in the coming months.
Be sure to do a do a full top-down analysis for all the instruments on your watch-list tomorrow morning, its standard practice for me at the end of a month.
P.S. I know some of you entered this GBP/USD trade – well done on securing some profits! But if you weren’t able to enter, bookmark this website – there will be plenty more opportunities to come.