GBPUSD It's ready for a long trade!

12 May 2023

As you can see on this chart, the price has declined in the last two days after reacting to the news about the pound and the dollar. The downward movement was expected according to the manual. In fact, there has been a setup ready to enter a long position on the pound for the past two weeks.

Let me know what you think.

Happy trading to everyone.