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Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises

Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises Forex Signal For GBP/USD: Probable Bear Market

Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises
Yazar: Ross Sutton

Yayınlanma: 21 Haziran 2022 13:15

Güncellenme: 18 Mart 2024 00:19

Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises

    Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises   While the outlook is neutral, there is a possibility of a bearish bias ahead of upcoming UK inflation data.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take a profit at 1,2150.
  • Add a stop-loss at 1,2320.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Probable Bear Market Breakout When Freedom To Travel Arises

 

Bull Market Outlook

 
  • Set a buy stop at 1,2300 and a take profit at 1,2400.
  • Add a stop-loss at 1,2195.
GBP/USD is trading sideways at 1,2241, a few points above Monday's low as investors refocus on UK consumer and producer inflation data scheduled for Wednesday.   gbpusd-june2122-crispus  

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