How to trade GBPUSD?

How to trade GBPUSD?

How to trade GBPUSD?

Today I am going to tell you a bit more about trading GBPUSD.
I know this is also a favorite pair of many of you traders.
But what can you expect from this pair?
I also think GBPUSD is a nice pair to trade.
It is somewhat calmer than GBPJPY but perhaps a little more aggressive than EURUSD.

The behavior of GBPUSD.

If you get to know GBPUSD well, it’s actually a pretty easy pair to trade.
Often times this pair moves nicely in its zones and is much less manipulative than GBPJPY and XAUUSD for example.
It is therefore a nice pair to trade for a novice trader. It might be a bit similar to EURUSD.
With this pair you can often also use a tight stop loss and let the price go to your Take Profit.

How to trade GBPUSD?

We see above a nice example of an Uptrend on the h4 timeframe on GBPUSD.
We see here that during the Uptrend we can find several moments to take a nice buy entry.
We can also see that GBPUSD moves very nicely between the Supply and Demand zones and does not test the zones very deeply either.
In fact, the price continues its way once the price has touched the zone. This is also what you see in GBPUSD.

How to trade GBPUSD?

In the image above we see the same chart but switched back to the h1 timeframes.
See how many beautiful and good entries you can take in this Uptrend.
But also GBPUSD moves very nicely in a Downtrend and even if it is ranging.
What I have also noticed is that this pair can be traded very well on Supply and Demand zones.
My tip is if you want to learn how to trade GBPUSD well, you should definitely observe this pair.

Tip

To be able to see and recognize this, it is better not to have lists of forex pairs open in the beginning.
Preferably choose 3 and get to know them completely.
You often see the behavioral patterns of a specific couple very well.
And so you can learn to trade better.
The trick is not the more the better but the less the more winning trades you will eventually make.

Besides what I have now explained, you should of course pay attention to more things before taking a trade.
Do you want to know what exactly?
You will learn all this in the course, but applying it will take some practice.

Do you want to become Success Supply and Demand Trader or want to know how to trade GBPJPY?

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