Forex Signal For GBP/USD: On Top of a Bearish Breakout.
Forex Signal For GBP/USD: On Top of a Bearish Breakout.
Bear Market Outlook
Sell GBP/USD and set a take profit at 1,3600.
Add a stop-loss at 1,3750.
Timetable: 1-2 days.
Forex Signal For GBP/USD: On Top of a Bearish Breakout.
Bull Market Outlook
Set a buy-stop at 1,3700 and add a take-profit at 1,3800.
Add a stop-loss at 1,3600.
GBP/USD remains under pressure even after relatively positive UK manufacturing data. The pair fell to 1,3665, which is about 1,25% below the October high.