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Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline

Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline Forex Signal For GBP/USD: In an Environment Suitable

Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline
Yazar: Ross Sutton

Yayınlanma: 29 Eylül 2022 17:53

Güncellenme: 12 Kasım 2024 05:58

Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline

    Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline   GBP/USD price also rose slightly even after Raphael Bostic 's hawk statement.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and take profit at 1,0400.
  • Add a stop-loss at 1,1150.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: In an Environment Suitable For Melting With A Further Decline

 

Bull Market Outlook

 
  • Set a buy stop at 1,1100 and a take profit at 1,1200.
  • Add a stop-loss at 1,100.
  The GBP/USD price stabilized slightly after falling to an all-time low of 1,0366 on Sept. 26, reflecting the latest intervention from the Bank of England (BoE). The pair advanced to 1,0925 as a sign of relief.   gbpusd_29092022_cryspus  

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