Forex Signal For GBP/USD: Bullish Outlook on BoE Hike Rise.
Forex Signal For GBP/USD: Bullish Outlook on BoE Hike Rise.
The pair is likely to continue its uptrend as the bulls target the next key resistance at 1,3850.
Bull Market View
- Buy the GBP/USD pair and take a profit at 1,3850.
- Add a stop-loss at 1,3660.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Bullish Outlook on BoE Hike Rise.
Bear Market View
- Set a sell-stop at 1,3700 and a take-profit at 1,3600.
- Add a stop-loss at 1,3750.
GBP/USD changed little on Tuesday morning as it reflected the effects of ongoing challenges in the global economy.
The pair is trading at 1,3735 and stays just below this week's high of 1,3772.
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