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Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback

Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a

Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback
Yazar: Ross Sutton

Yayınlanma: 7 Kasım 2022 18:56

Güncellenme: 17 Kasım 2024 03:48

Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback

    Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback   The Fed has signaled that it will continue to raise interest rates, albeit at a slower pace than expected.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and take profit at 1,1115.
  • Add a stop-loss at 1,1500.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Fed and BoE Split Points Pointing to a Pullback

 

Bull Market View

 
  • Take a buy stop at 1,1492 and a profit at 1,1550.
  • Add a stop-loss at 1,1400.
  The GBP/USD price retreated after falling to its lowest level since October 21st and was trading at 1,1371, just above the last week's low of 1,112. This price is also below this month's high of 1,1653.   gbpusd_07112022_cryspus  

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