Forex Signal For GBP/USD: Optimism As The Bull Market Attempts To Clear 1,3600
Forex Signal For GBP/USD: Optimism As The Bull Market Attempts To Clear 1,3600
As the bull market targets the next level of resistance, with 1,3650, the couple will probably keep going up
Bull Market Outlook
- Buy a pair of British pounds/American dollars and make a profit of up to 1,3650.
- Add a stop-loss to 1,3500.
- Timeline: One or two days.
Forex Signal For GBP/USD: Optimism As The Bull Market Attempts To Clear 1,3600
Bear Market Outlook
- Stop selling to 1,3560 and set profit to 1,3500.
- Add a stop-loss to 1,3625.
Following investors' recent inflation in the United Kingdom and its response to the latest retail data and the latest Fed minutes in the United States, the GBP/USD duo reached 1,3591 — the highest level since February 11th.
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