Forex Signal For GBP/USD: Pound Trapped In Front Of UK GDP On A Narrow Range
Forex Signal For GBP/USD: Pound Trapped In Front Of UK GDP On A Narrow Range
The parity will probably remain in this tight spot until the United States releases its latest business figures on Friday.
Bull Market Outlook
- 1,3165 for a buy-stop, 1,3225 for profit.
- Add a stop-loss to 1,3100.
- Timeline: 1 day
Forex Signal For GBP/USD: Pound Trapped In Front Of UK GDP On A Narrow Range
Bear Market Outlook
- One buy-stop at 1,3130, set a profit for 1,3060.
- Add a stop-loss to 1,3200.
This year, the price of
GBP/US dollars, strong business data in the United States and a slight decline in 1,3144, following the ongoing crisis in Ukraine.
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