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Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!

Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!Forex Signal for

Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!
Yazar: Ross Sutton

Yayınlanma: 15 Temmuz 2021 15:01

Güncellenme: 7 Kasım 2024 04:56

Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!

  Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!   The next key support will be at 1,3750, the pair will likely continue to decline!  

Bear Market Outlook

  • To take a profit at 1,3740, enter the GBP/USD pair sell.
  • Add a stop-loss at 1,3900.
  • Timetable: 1 day.

Forex Signal for GBP/USD: Pair at Risk of Further Downfalls!

 

Bull Market Outlook

  • Set a buy-stop at 1,3850 and a take profit at 1,3950.
  • Add a stop-loss at 1,3770.
  The GBP/USD pair edged lower through the night session after a relatively dovish Jerome Powell statement. The pair dropped from Wednesday's high of 1,3910 to 1,3825.   gbpusd-15072021  

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Forex Signal for GBP/USD: Another Failure to Break 1,3900!

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