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Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.

Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits. Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.

Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.
Yazar: Ross Sutton

Yayınlanma: 2 Ağustos 2022 17:10

Güncellenme: 7 Kasım 2024 02:07

Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.

    Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.   The pair will likely continue to rise as long as buyers target the second resistance level at 1,2415.  

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,2420.
  • Add a stop-loss at 1,2200.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Bulls Dominate USD Sales Amid Profits.

 

Bear Market Outlook

 
  • Set a sell-stop at 1,2225 and a buy price at 1,2150.
  • Add a stop-loss at 1,2320.
 The GBP/USD price continued its upward trend as investors focused on the Bank of England's (BoE) interest rate decision again, while US dollar and bond yields continued to decline. The pair rose to 1,2295, its highest level since June 28 of this year. It's up more than 4,22% from its lowest point this year.   gbpusd-crispus-02082022 (1)  

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