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Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE

Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE

Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE
Yazar: Ross Sutton

Yayınlanma: 23 Eylül 2021 11:31

Güncellenme: 6 Kasım 2024 12:41

Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE

    Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE The pair will likely decline before or after the BoE decision.  

Bear Market Outlook

 
  • Set a sell-stop at 1,3610 and a take-profit at 1,3500.
  • Add a stop-loss at 1,3700.
  • Timetable: 1 day.
 

Forex Signal For GBP/USD: GBP Under Pressure Ahead of BoE

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3650 and a take profit at 1,3750.
  • Add a stop-loss at 1,3600.
  The GBP/USD pair fluctuated in the night session following the relatively hawkish Federal Reserve decision, and the pair traded at 1,3630, just above the night's low of 1,3600.   gbpusd-23092021  

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