Forex Signal For GBP/USD: Sterling Promises More Gains.
Forex Signal For GBP/USD: Sterling Promises More Gains.
The pair will likely continue to rise today as the bullish momentum continues.
Bull Market Outlook
- Buy the GBP/USD pair and take a profit at 1,3800.
- Add a stop-loss at 1,3600.
- Timetable: 1 day.
Forex Signal For GBP/USD: Sterling Promises More Gains.
Bear Market Outlook
- Set a sell-stop at 1,3650 and a take-profit at 1,3550.
- Add a stop-loss at 1,3750.
The GBP/USD pair held steady on Thursday morning as investors reacted to the latest US consumer inflation data, hitting 1,3690, its highest level since November 3 last year.
It rose above the December low of 4%.
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