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Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market.

Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market. Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear

Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market.
Yazar: Ross Sutton

Yayınlanma: 31 Ağustos 2022 19:24

Güncellenme: 24 Kasım 2024 01:39

Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market.

    Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market.   The four-hour chart shows the GBP/USD pair has been in a strong downtrend for the past few days.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1500.
  • Add a stop-loss at 1,1750.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Still Facing 1,1500 in Control of Bear Market.

 

Bull Market Outlook

 
  • Set a buy stop at 1,1700 and a take profit at 1,1765.
  • Add a stop-loss at 1,1600.
The GBP/USD exchange rate fell to its lowest point in more than two years after strong economic data from the US and fell to 1,1625, well below 1,2295, a month high.   pusd_31082022_cryspus  

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