Forex Signal For GBP/USD: Reached Top of Bearish Breakout to 1,2050.
Forex Signal For GBP/USD: Reached Top of Bearish Breakout to 1,2050.
It is expected to hit a downward trend Wednesday.
Bear Market View
- Sell the GBP/USD pair and take a profit at 1,2050.
- Add a stop-loss at 1,2250.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Reached Top of Bearish Breakout to 1,2050.
Bull Market Outlook
- Set a buy stop at 1,2200 and a take profit at 1,2315.
- Add a stop-loss at 1,2135.
GBP/USD price declined as market volatility resumed in the American and Asian sessions and fell 1,2200 below this week’s high of 1,2325.
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