GBPUSD Trading Plan

Written by Raul Lopez on . Posted in Trades & Analysis.

The GBPUSD is trading near a long term resistance level:

GBPUSD
GBPUSD

Here is my plan:

If the GBPUSD breaks the green resistance level, it will trigger a bullish market condition and only long opportunities will be in play

If the Pound breaks the green support level, it will trigger a bearish market condition and only short opportunities will be in play.

If the GBPUSD keeps trading in between both green lines, I will do nothing.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

GBPUSD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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