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Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back.

Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back. Forex Signal For GBP/USD: GBP Continues Rising as US Dollar

Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back.
Yazar: Ross Sutton

Yayınlanma: 24 Mayıs 2022 15:09

Güncellenme: 24 Aralık 2024 03:29

Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back.

      Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back. The pair is likely to continue higher as it strangles the key resistance at 1,2670.  

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,2700.
  • Add a stop-loss at 1,2496.
  • Timetable" 1-2 days.
 

Forex Signal For GBP/USD: GBP Continues Rising as US Dollar Pulls Back.

 

Bear Market Outlook

 
  • Take a sell-stop at 1,2525 and a profit at 1,2450.
  • Add a stop-loss at 1,2625.
  GBP/USD gained momentum during the Asian session as the US dollar index retreated and investors reacted to mixed UK data, It is trading at 1,2570, the highest level since May 5th. It's up more than 3,45% from its lowest level this year.   gbpusd-crispus-24052022  

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