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Forex Signal For GBP/USD: In Control Bearish Market For Now

Forex Signal For GBP/USD: In Control Bearish Market For Now Forex Signal For GBP/USD: In Control Bearish Market For Now

Forex Signal For GBP/USD: In Control Bearish Market For Now
Yazar: Ross Sutton

Yayınlanma: 14 Mart 2022 13:24

Güncellenme: 12 Kasım 2024 17:27

Forex Signal For GBP/USD: In Control Bearish Market For Now

    Forex Signal For GBP/USD: In Control Bearish Market For Now Now that the pair has formed a breakout and retest pattern, there are chances to resume the bearish trend this week.  

Bear Market Signals

 
  • Sell British pounds/US dollars and make a profit of 1,2500.
  • Add a stop-loss to 1,3200.
  • Timeline: One or two days.
 

Forex Signal For GBP/USD: In Control Bearish Market For Now

   

Bull Market View

 
  • 1,3175 for a buy-off and a profit for 1,3250.
  • Add a stop-loss to 1,3100.
  With investors making US dollars a safe port, the pair of British Pounds / US dollars has reached its lowest level since November 2020, reaching a low level of 1,3037 — about 8,45% below the highest level in 2021.   gbpusd-crispus-14032022  

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