Forex Signal For GBP/USD: H&S Pattern Curve Indicates Pair Will Drop To 1,1950
Forex Signal For GBP/USD: H&S Pattern Curve Indicates Pair Will Drop To 1,1950
The pair will likely continue its downtrend in the coming days.
Bear Market Outlook
- Take a sell-stop at 1,2025 and a profit at 1,1950.
- Add a stop-loss at 1,2160.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: H&S Pattern Curve Indicates Pair Will Drop To 1,1950
Bull Market Outlook
- Take a buy stop at 1,2145 and a profit at 1,2250.
- Add a stop-loss at 1,2050.
GBP/USD price moved sideways on Wednesday to 1,2067, below 1,3000 this month's high, as investors continue to react to the upcoming US inflation data.
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