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Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness.

Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness. Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness.

Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness.
Yazar: Ross Sutton

Yayınlanma: 8 Şubat 2022 13:53

Güncellenme: 13 Kasım 2024 22:31

Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness.

    Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness. The pair will likely continue to decline as the Bear Market targets the next key support level at 1,3450.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,3445.
  • Add a stop-loss at 1,3600.
  • Timetable: 1 day.
 

Forex Signal For GBP/USD: Bearish Flag Continues to Signal Weakness.

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3540 and a take profit at 1,3600.
  • Add a stop-loss at 1,3480.
  The GBP/USD pair fell slightly on Monday to trade at 1,3527, roughly 0,75% below last week's high as investors continue to reflect on the Bank of England's latest interest rate decision.   gbpusd-crispus-08022022  

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