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Forex Signal For GBP/USD: Bear Market Dominates Situation.

Forex Signal For GBP/USD: Bear Market Dominates Situation. Forex Signal For GBP/USD: Bear Market Dominates Situation.

Forex Signal For GBP/USD: Bear Market Dominates Situation.
Yazar: Ross Sutton

Yayınlanma: 24 Ocak 2022 13:43

Güncellenme: 15 Kasım 2024 03:15

Forex Signal For GBP/USD: Bear Market Dominates Situation.

    Forex Signal For GBP/USD: Bear Market Dominates Situation. The pair is likely to drop to the 38,2% Fibonacci retracement level.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,3420.
  • Add a stop-loss at 1,3650.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Bear Market Dominates Situation.

Bull Market Outlook

 
  • Set a buy-stop at 1,3580 and a take profit at 1,3650.
  • Add a stop-loss at 1,3500.
  GBP/USD is trading at 1,3555, about 1,45% below this month's high, as the bearish trend continues on Monday as investors react to overall risk aversion and weak UK retail sales data.   gbpusd-crispus-24012022  

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