Forex Signal For GBP/USD: Stable Since Vice President Brainard Marked Fed Pivot Point.
Forex Signal For GBP/USD: Stable Since Vice President Brainard Marked Fed Pivot Point.
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GBP/USD price is expected to react to key economic data from the UK from now on.
Bull Market Outlook
- Buy GBP/USD and take profit at 1,1860.
- Add a stop-loss at 1,1647.
- Timetable: 1 day.
Forex Signal For GBP/USD: Stable Since Vice President Brainard Marked Fed Pivot Point.
Bear Market Outlook
- Set a sell stop at 1,1720 and a take profit at 1,1650.
- Add a stop-loss at 1,1825.
The GBP/USD rally was at 1,1755 on Tuesday morning, just below this week's high, paving the way for an important week for the sterling and UK markets.
The focus is now on upcoming UK economic data and what will be released in the fall.
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