Forex Signal For GBP/USD: Further Gain Amid Fed and BOE Convergence.
Forex Signal For GBP/USD: Further Gain Amid Fed and BOE Convergence.
The next base reference level to watch will be at 1,3620.
Bull Market Outlook
- Buy GBP/USD and take a profit at 1,3620.
- Add a stop-loss at 1,3540.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Further Gain Amid Fed and BOE Convergence.
Bear Market Outlook
- Set a sell-stop at 1,3550 and a take profit at 1,3500.
- Add a stop-loss at 1,3620.
The GBP/USD pair held steady at 1,3565, rising from Monday's low of 1,3535 as it continues to focus on rising US and UK bond yields.
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