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Forex Signal For GBP/USD: Bearish Sentiment Still Continues.

Forex Signal For GBP/USD: Bearish Sentiment Still Continues. Forex Signal For GBP/USD: Bearish Sentiment Still Continues.

Forex Signal For GBP/USD: Bearish Sentiment Still Continues.
Yazar: Ross Sutton

Yayınlanma: 8 Kasım 2021 14:28

Güncellenme: 8 Kasım 2024 03:16

Forex Signal For GBP/USD: Bearish Sentiment Still Continues.

  Forex Signal For GBP/USD: Bearish Sentiment Still Continues. The pair will continue its downtrend as it appears to be forming an inverted cap pattern.  

Bear Market Outlook

 
  • Set a sell-stop at 1,3470 and a take-profit at 1,3400.
  • Add a stop-loss at 1,3550.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Bearish Sentiment Still Continues.

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3520 and a take profit at 1,3600.
  • Add a stop-loss at 1,3450.
  The GBP/USD pair remained unchanged on Monday morning as it was reflected on Monday morning's mixed rate decision by the Bank of England (BOE), the hawkish Fed decision and strong US jobs data. The pair is trading at 1,3500, slightly above last week's low of 1,3427.     gbpusd-crispus-08112021  

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