Forex Signal For GBP/USD: Stunning Outlook Ahead of UK Home Price Data
Forex Signal For GBP/USD: Stunning Outlook Ahead of UK Home Price Data
GBP/USD remains in a tight range.
Bull Market View
- Buy the GBP/USD pair and take a profit at 1,2670.
- Add a stop-loss at 1,2520.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Stunning Outlook Ahead of UK Home Price Data
Bear Market Outlook
- Stop a sell at 1,2535 and take a profit at 1,2490.
- Add a stop-loss at 1,2600.
GBP/USD remains in the consolidation phase as traders react to the political situation in the UK and are trading at 1,2587 above this week's low of 1,2437.
It's about 3,50% above the May low.
You may also be interested in: