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Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data

Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data Forex Signal For GBP/USD: Bulls Under Control Before Britain's

Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data
Yazar: Ross Sutton

Yayınlanma: 23 Mart 2022 13:59

Güncellenme: 15 Kasım 2024 05:31

Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data

    Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data As bulls target the level of 50% Fibonacci recovery in 1,3372, the party will likely continue to rise.  

Bull Market View

 
  • Buy a pair of British pounds/US dollars and make a profit by 1,3372.
  • Add a stop-loss to 1,3170.
  • Timeline: One or two days.
   

Forex Signal For GBP/USD: Bulls Under Control Before Britain's Inflation Data

 

Bear Market View

 
  • Set sales-stop at 1,3160, profit-loss at 1,3100.
  • Add a stop-loss to 1,3250.
  The GBP/USD duo has reached its highest point since March 4th, with the lowest level of this year — 1,3250 — about 1,95% — due to a drop in the US dollar ahead of the coming UK consumer inflation data.   gbpusd-crispus-23032022  

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