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Forex Signal For GBP/USD: Sterling Not Out of Danger Yet

Forex Signal For GBP/USD: Sterling Not Out of Danger Yet Forex Signal For GBP/USD: Sterling Not Out of Danger Yet

Forex Signal For GBP/USD: Sterling Not Out of Danger Yet
Yazar: Ross Sutton

Yayınlanma: 28 Eylül 2022 15:31

Güncellenme: 8 Kasım 2024 19:03

Forex Signal For GBP/USD: Sterling Not Out of Danger Yet

    Forex Signal For GBP/USD: Sterling Not Out of Danger Yet   The housing sector also seems to be doing well, although interest rates are rising.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and take profit at 1,0400.
  • Add a stop-loss at 1,0800.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Sterling Not Out of Danger Yet

 

Bull Market View

 
  • Set a buy stop at 1,0800 and a take profit at 1,0900.
  • Add a stop-loss at 1,0700.
  The GBP/USD pair came under pressure after mixed economic data from the US and UK, and was trading at 1,0683 on Wednesday morning, below Tuesday's high of 1,0930. The price has dropped more than 20% this year alone.   gbpusd_28092022_cryspus  

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