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Forex Signal For GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release

Forex Signal for GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release Forex Signal for GBP/USD: On Way To 1,1200 Ahead of US CPI Data

Forex Signal For GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release
Yazar: Ross Sutton

Yayınlanma: 10 Kasım 2022 18:08

Güncellenme: 29 Mart 2024 01:14

Forex Signal For GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release

    Forex Signal For GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release   The GBP/USD pair has seen a pullback in the past few hours.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1200.
  • Add a stop-loss at 1.1492.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: On Way To 1,1200 Ahead of US CPI Data Release

 

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1.1500.
  • Add a stop-loss at 1,1200.
  Investors reacting to the outcome of the US midterm elections, GBP/USD is trading at 1,1400 key support and just below this week's high of 1,1591 on Thursday as the GBP/USD price remains in the consolidation phase.   gbpusd_10112022_cryspus  

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