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Forex Signal For GBP/USD: Double Downside in Bear Market

Forex Signal For GBP/USD: Double Downside in Bear Market Forex Signal For GBP/USD: Double Downside in Bear Market

Forex Signal For GBP/USD: Double Downside in Bear Market
Yazar: Ross Sutton

Yayınlanma: 15 Şubat 2022 13:11

Güncellenme: 21 Kasım 2024 17:18

Forex Signal For GBP/USD: Double Downside in Bear Market

    Forex Signal For GBP/USD: Double Downside in Bear Market The pair is likely to drop to the next key support at 1,3344.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and set a take profit at 1,3344.
  • Add a stop-loss at 1,3600.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Double Downside in Bear Market

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3550 and a take profit at 1,3650.
  • Add a stop-loss at 1,3450.
  The GBP/USD pair slumped in the overnight session and traded at 1,3520, roughly 0,92% below last week's high, as investors awaited UK jobs and inflation figures scheduled for Tuesday and Wednesday.   gbpusd-crispus-15022022  

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