In this post I am going to show you the best pair to trade, with my strategy, for the next several weeks.
Best Forex Pair This Month
At the moment the best pair to trade is GBP/USD. In the last three weeks me and the advanced course students have take a lot of great trades on GBP/USD.
Why is GBP/USD so good?
GBP/USD is currently very sensitive to strong support and resistance, which is giving us a lot of great reversal trade opportunities. Check out some recent trades below.
All these trades had tight stops, some as low as 30 pips and the targets were between 50-80 pips.
Trading GBP/USD
The best way to trade GBP/USD right now is to trade reversals. Check out my free Forex strategy to get an idea how I do it.
Also, below are my current support and resistance areas for GBP/USD.
- 1.5560
- 1.5460
- 1.5360
- 1.5250
- 1.5120
- 1.4950
- 1.4780