Forex Signal For GBP/USD: British Pounds Were Trapped In A Narrow Range.
Forex Signal For GBP/USD: British Pounds Were Trapped In A Narrow Range.
With significant levels of support and resistance to keep them from being in 1,3540 and 1,3637, it is likely to remain within that range today.
Bull Market Outlook
- Buy the GBP/USD pair and set a profit at 1,3700.
- Add a stop-loss at 1,3545.
- Timeline: One or two days.
Forex Signal For GBP/USD: British Pounds Were Trapped In A Narrow Range.
Bear Market Outlook
- Stop sales at 1,3560 and set profit at 1,3500.
- Add a Stop-loss at 1,3650.
Investors have monitored the ongoing events in Europe, with the GBP/USD couple stable.
The couple is trading the important resistance of 1,3600, which is a few points higher than this week's 1,3540 low counter.
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