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Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded

Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded Forex Signal For GBP/USD: Possibility of Collapse to 1,1300

Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded
Yazar: Ross Sutton

Yayınlanma: 7 Eylül 2022 15:28

Güncellenme: 21 Kasım 2024 18:55

Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded

    Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded   The GBP/USD pair declined after the relatively strong US dollar. Image Data from the US, about the services sector did not clarify.  

Bear Market View

 
  • Sell ​​the GBP/USD pair and take a profit at 1.1330.
  • Add a stop-loss at 1,1600.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Possibility of Collapse to 1,1300 Cannot be Excluded

 

Bull Market Outlook

 
  • Set a buy stop at 1,1600 and a take profit at 1,1700.
  • Add a stop-loss at 1.1500.
  GBP/USD fell to 1.1520 from a weekly high of 1,1607 as Lizz Truss became the UK's 56th prime minister and came under pressure after mixed US non-manufacturing PMI data.   gbpusd_07092022_cryspus  

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