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Forex Signal For GBP/USD: A Brief Revival Likely Possible As Downside Risks Rise Yesterday.

Forex Signal For GBP/USD: A Brief Revival Likely Possible As Downside Risks Rise Yesterday. Forex Signal For GBP/USD: A Brief Revival

Yazar: Ross Sutton

Yayınlanma: 28 Nisan 2022 15:31

Güncellenme: 15 Kasım 2024 13:00

Forex Signal For GBP/USD: A Brief Revival Likely Possible As Downside Risks Rise Yesterday.

    Forex Signal For GBP/USD: A Brief Revival Likely Possible As Downside Risks Rise Yesterday. Although a short recovery is expected yesterday, the pair will likely continue its downtrend.  

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,2700.
  • Add a stop-loss at 1,2450.
  • Timetable: 1-2 days.
   

Forex Signal For GBP/USD: A Brief Revival Likely Possible As Downside Risks Rise Yesterday.

 

Bear Market Outlook

 
  • Take a sell-stop at 1,2580 and a profit at 1,2500.
  • Add a stop-loss at 1,2650.
  The GBP/USD pair fell for the fifth day in a row yesterday, amid concerns over the next actions of the Bank of England (BOE), hitting 1,2595, its lowest level since July 2018. The pound is down more than 12% from its high last year.   gbpusd-crispus-27042022  

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