Forex Signal For GBP/USD: Breakout From Reverse C&H Pattern Signals.
Forex Signal For GBP/USD: Breakout From Reverse C&H Pattern Signals.
While the pair is forming a minor bullish flag pattern, it is likely to break lower in the near term.
Bear Market Outlook
- Set to take a sat-stop at 1,3600 and a profit at 1,3500.
- Add a stop-loss at 1,3700.
- Timetable: 2-3 days.
Forex Signal For GBP/USD: Breakout From Reverse C&H Pattern Signals.
Bull Market Outlook
- Set a buy-stop at 1,3780 and a take profit at 1,3900.
- Add a stop-loss at 1,3700.
GBP/USD price on hold as month ends. The pair is trading at 1,3760, which is in the same range as in the last few sessions.
The price is about 1,45 % below the August high.
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