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Forex Signal For GBP/USD: Renko Chart Indicates Continuation of the Uptrend.

Forex Signal For GBP/USD: Renko Chart Indicates Continuation of the Uptrend. Forex Signal For GBP/USD: Renko Chart Indicates Continuation

Forex Signal For GBP/USD: Renko Chart Indicates Continuation of the Uptrend.
Yazar: Ross Sutton

Yayınlanma: 21 Kasım 2022 19:12

Güncellenme: 29 Mart 2024 07:10

Forex Signal For GBP/USD: Renko Chart Indicates Continuation of the Uptrend.

    Forex Signal For GBP/USD: Renko Chart Indicates Continuation of the Uptrend.   The pair also climbed above the March 20 low of 1,1490.  

Bull Market Outlook

 
  • Buy GBP/USD and take profit at 1,1950.
  • Add a stop-loss at 1,1800.
  • Timeline: 1 day.
 

GBP/USD Forex Signal: Renko Chart Indicates Continuation of the Uptrend.

 

Bear Market Outlook

 
  • Set a sell stop at 1,1812 and a buy take profit at 1,1750.
  • Add a stop-loss at 1,1900.
  GBP/USD was trading sideways at 1,1880, slightly below this month's high of 1,2027, as the price has moved sideways in the past few days following a slew of mixed economic data and the UK's autumn announcement. The pair is about 6,58% above this month's low.   gbpusd_21112022_cryspus  

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