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Forex Signal For GBP/USD: Pound Break and Retest Expected

Forex Signal For GBP/USD: Pound Break and Retest Expected. Forex Signal For GBP/USD: Pound Break and Retest Expected

Forex Signal For GBP/USD: Pound Break and Retest Expected
Yazar: Ross Sutton

Yayınlanma: 25 Nisan 2022 13:34

Güncellenme: 15 Kasım 2024 07:37

Forex Signal For GBP/USD: Pound Break and Retest Expected

    Forex Signal For GBP/USD: Pound Break and Retest Expected The pair will likely retest the key resistance at 1.300 and then continue the downtrend in the coming days.  

Bull Market Outlook

 
  • Buy GBP/USD and make a profit of 1,3000.
  • Add a stop-loss at 1,2800.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Pound Break and Retest Expected

 

Bear Market Outlook

 
  • Take a sell-stop at 1,2830 and a profit at 1,2750.
  • Add a stop-loss at 1,2900.
  GBP/USD fell to its lowest level since September 2020 to 1,2838, roughly 10% below last year's high, as investors predicted the Bank of England (BOE) to be more cautious in the coming months.   gbpusd-crispus-25042022  

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