TRADE OF THE WEEK | Classic Key Level Trade 💰

1. Okt. 2022

Hey traders,

This week's market opening was crazy on GBPUSD.
The market was falling like crazy.

I was patiently waiting for a test of 1985's low - the all times low to buy the market from that.

Once it was reached, the market was rejected nicely. Then buyers started to push heavily and the pair managed to recover more than 6% of its value.

Indeed, key levels do work and here on GBPUSD we see a perfect example of that.