Forex Signal For GBP/USD: Sterling Still in Consolidation Mode
Bear Market Outlook
Set a sell stop at 1,1250 and a take profit at 1,1150.
Add a stop-loss at 1,1350.
GBP/USD rose slightly to its highest point since Thursday at 1,1310 as the market focused on the political situation in the UK and the possibility of a growing recession in the country.