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Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower

Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower

Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower
Yazar: Ross Sutton

Yayınlanma: 15 Mart 2022 13:46

Güncellenme: 23 Kasım 2024 23:21

Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower

    Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower  Since bears are targeting the next key level of support, with 1,2900, the party may continue to fall.  

Bear Market Outlook

 
  • Sell British pounds/US dollars and make a profit of 1,2900.
  • Add a stop-loss to 1,3230.
  • Timeline: One or two days.
 

Forex Signal For GBP/USD: Path of Least Apparent Resistance Lower

 

Bull Market View

 
  • Get a buy-stop for 1,3140 and a profit for 1,3250.
  • Add a stop-loss to 1,3080.
  Before the latest business data in the United Kingdom, a pair of GBP/US dollars was under pressure Tuesday morning, with the Federal Reserve ruling the biggest reason the Central Bank has reached its lowest point since November 2020.   gbpusd-crispus-15032022  

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