Forex Signal For GBP/USD: As More Hawkish Fed Decisions Are Expected, Weakness Is On The Rise.
Forex Signal For GBP/USD: As More Hawkish Fed Decisions Are Expected, Weakness Is On The Rise.
The couple can keep falling this week.
Bear Market View
- Sell a pair of British pounds/American dollars and make a profit of 1,3150.
- Add a stop-loss to 1,3280.
- Timeline: One or two days.
Forex Signal For GBP/USD: As More Hawkish Fed Decisions Are Expected, Weakness Is On The Rise.
Bull Market View
- It's a buy-off for 1,3275, and a profit for 1,3350.
- Add a stop-loss to 1,3200.
Over the past few days, the pair of British Pounds/US Dollars have demonstrated a strong upswing trend, with investors focusing on increased risks and the possibility that the National Bank is more a hawk.
The two were processed at 1,3237, the lowest recorded since December last year.
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