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Forex Signal For GBP/USD: Expected Bounce Before Freedom Day

Forex Signal For GBP/USD: Expected Bounce Before Freedom DayForex Signal For GBP/USD: Expected Bounce Before Freedom DayForex Signal For GBP

Forex Signal For GBP/USD: Expected Bounce Before Freedom Day
Yazar: Ross Sutton

Yayınlanma: 19 Temmuz 2021 18:13

Güncellenme: 7 Kasım 2024 12:33

Forex Signal For GBP/USD: Expected Bounce Before Freedom Day

  Forex Signal For GBP/USD: Expected Bounce Before Freedom Day   The next key support will be at 1,3700, the pair is likely to continue falling!  

Bear Market Outlook

  • To take a profit at 1,3700, enter the GBP/USD pair sell.
  • Add a stop-loss at 1,3825.
  • Timetable: 1-2 days.

Forex Signal For GBP/USD: Expected Bounce Before Freedom Day

Bull Market Outlook

  • Set a buy-stop at 1,3780 and a take profit at 1,3850.
  • Add a stop-loss at 1,3700.
  The GBP/USD pair was in the red in early trading amid pressure from the Bank of England (BOE) to reopen and end its support programme. The pair has dropped from last week's high of 1,3900 to 1,3765.   gbpusd-19072021  

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