GBP/USD potential setup for pullback trading

Ming Jong Tey
2 min readOct 23, 2020

In the H4 timeframe, GBP/USD broke out the resistance at 1.3080 subsequently followed by a pullback as a test of the sign of strength rally. This could setup a potential pullback trading entry after the confirmation. If trading the pullback is your bread and butter setup, you will need to understand the one thing that every trader should do when trading the pullback in order to increase the winning rate and avoid the early entry or bad entry. Watch the video below (timestamp starts 4:35) where I explain in detail:

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Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/