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Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.

Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback. Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.

Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.
Yazar: Ross Sutton

Yayınlanma: 25 Ekim 2022 19:07

Güncellenme: 17 Kasım 2024 22:28

Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.

    Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.   The GBP/USD pair showed a mild reaction after the conservatives chose Rishi Sunak as their new prime minister.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1063.
  • Add a stop-loss at 1,1500.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Double Tops Appear to Deeper Pullback.

 

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,1500.
  • Add a stop-loss at 1,1150.
  GBP/USD traded sideways at 1,1292, just below last Friday's high of 1,1406, as investors welcome new developments from the UK. This price is a few points below this month's high of 1,1500.   gbpusd_25102022_cryspus  

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