Forex Signal For GBP/USD: Bull Market Under Control Ahead of Autumn Notice
Forex Signal For GBP/USD: Bull Market Under Control Ahead of Autumn Notice
For the pair, the next catalyst for the
GBP/USD pair will be Jeremy Hunt's statement in the fall.
Bull Market Outlook
- Buy GBP/USD and profit at 1,2220..
- Add a stop-loss at 1,1750.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Bull Market Under Control Ahead of Autumn Notice
Bear Market Outlook
- Set a sell stop at 1,1800 and a take profit at 1,1700.
- Add a stop-loss at 1,1900.
GBP/USD was trading at 1,1900 on Thursday morning and the price was up after the latest US retail sales and UK consumer and producer inflation data.
Just below this week's high of 1,2027.
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