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Forex Signal For GBP/USD: Resistance Path Level Lower Before FED

Forex Signal For GBP/USD: Resistance Path Level Lower Before FED Forex Signal For GBP/USD: Resistance Path Level Lower Before FED

Forex Signal For GBP/USD: Resistance Path Level Lower Before FED
Yazar: Ross Sutton

Yayınlanma: 21 Eylül 2022 18:36

Güncellenme: 27 Mart 2024 07:44

Forex Signal For GBP/USD: Resistance Path Level Lower Before FED

    Forex Signal For GBP/USD: Resistance Path Level Lower Before FED   The next key catalyst for the GBP/USD pair will be the upcoming decision of the Bank of England (BoE).  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take a profit at 1,1250.
  • Add a stop-loss at 1,1465.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Resistance Path Level Lower Before FED

 

Bull Market Outlook

 
  • Set a buy stop at 1,1460 and a take profit at 1,1550.
  • Add a stop-loss at 1,1350.
  As traders continue to focus on upcoming central bank decisions, GBP/USD price has dropped to its lowest level since the 1980s and the pair fell to 1.1368, about 3.22% below this month's high. It has dropped more than 16% this year alone.   gbpusd_21092022_cryspus  

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