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Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750.

Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750. Forex Signal For GBP/USD: Consolidation Points Are

Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750.
Yazar: Ross Sutton

Yayınlanma: 14 Temmuz 2022 14:39

Güncellenme: 10 Kasım 2024 15:59

Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750.

    Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750. The pair will likely continue to decline.  

Bear Market Outlook

 
  • A sell-stop at 1,1885 and take a profit at 1,1750.
  • Add a stop-loss at 1,11950.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Consolidation Points Are Expected To Increase To 1,1750.

 

Bull Market Outlook

 
  • Set a buy stop at 1,1942 and a take profit at 1,2050.
  • Add a stop-loss at 1,1850.
The GBP/USD pair has moved sideways even after the extremely hawkish statement by Andrew Bailey of the Bank of England, reacting moderately to the latest US consumer inflation data. It has been trading at 1,1900 for the past few days.   gbpusd-crispus-14072022  

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