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Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,

Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears, Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,

Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,
Yazar: Ross Sutton

Yayınlanma: 23 Ağustos 2022 17:28

Güncellenme: 11 Kasım 2024 20:16

Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,

    Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,   The pair will likely continue to decline as sellers aim the next key resistance at 1,1650.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1650.
  • Add a stop-loss at 1,1800.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Highly Volatility Increases in Control Bears,

 

Bull Market Outlook

 
  • Set a buy stop at 1,1800 and a take profit at 1,1900.
  • Add a stop-loss at 1,1700.
The GBP/USD price slumped to 1,1742, its lowest level since March 23 this year, amid a slew of worrying news and rising volatility on the UK economy. It fell more than 17% from this year's high.   gbpusd_crispus_230822  

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