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Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control

Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control

Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control
Yazar: Ross Sutton

Yayınlanma: 15 Eylül 2022 17:21

Güncellenme: 15 Kasım 2024 05:32

Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control

    Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control   The GBP/USD pair also fell as investors reacted to significantly higher consumer and producer inflation data from the US.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1400.
  • Add a stop-loss at 1,1650.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Possible Drop to 1,1400 Under Control

 

Bull Market Outlook

 
  • Set a buy stop at 1,1600 and a take profit at 1,1760.
  • Add a stop-loss at 1,1500.
  GBP/USD price has slumped slightly after the latest UK and US inflation data, climbing to 1,1570 to break above the weekly low of 1,1482. It's down almost 20% from this year's low.   gbpusd_15092022_chris  

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