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Forex Signal For GBP/USD: More Sells Expected as Cases Increase.

Forex Signal For GBP/USD: More Sells Expected as Cases Increase. Forex Signal For GBP/USD: More Sells Expected as Cases Increase.

Forex Signal For GBP/USD: More Sells Expected as Cases Increase.
Yazar: Ross Sutton

Yayınlanma: 20 Aralık 2021 14:47

Güncellenme: 10 Kasım 2024 20:52

Forex Signal For GBP/USD: More Sells Expected as Cases Increase.

    Forex Signal For GBP/USD: More Sells Expected as Cases Increase. The pair is likely to continue falling as the Bear Market targets the next key support level at 1,3150.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and set a take profit at 1,3150.
  • Add a stop-loss at 1,3300.
  • Duration: 1-2 days.
 

Forex Signal For GBP/USD: More Sells Expected as Cases Increase.

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3250 and a take profit at 1,3350.
  • Add a stop-loss at 1,3150.
  The GBP/USD pair fell on Monday morning as the number of COVID-19 cases in the UK continued and the market reflected the latest decisions from the Bank of England (BOE) and the Federal Reserve. It is trading at 1,3237, which is about 1% below last week's high.   gbpusd-crispus-20122021  

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