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Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500

Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500 Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500

Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500
Yazar: Ross Sutton

Yayınlanma: 19 Mayıs 2022 12:51

Güncellenme: 1 Mayıs 2024 20:03

Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500

    Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500 The pair is likely to continue its uptrend later on Thursday.  

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,2500.
  • Add a stop-loss at 1,2300.
  • Timetable: 1 day.
 

Forex Signal For GBP/USD: British Pound Expected to Retest 1,2500

 

Bear Market Outlook

 
  • A sell-stop at 1,2320 and take a profit at 1,2250.
  • Add a stop-loss at 1,2420.
  The GBP/USD pair slumped after strong inflation data from the US, following the strengthening of the US dollar amid heightened global risks. It is trading at 1,2388, just below 1,2500 this week's high.   gbpusd-crispus-19052022  

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