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Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision.

Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision. Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision.

Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision.
Yazar: Ross Sutton

Yayınlanma: 3 Şubat 2022 14:38

Güncellenme: 9 Kasım 2024 19:53

Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision.

    Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision. Since the rate hike has already been priced in, a possible pullback in the pair is expected after the decision.  

Bull Market Outlook

 
  • Buy the GBP/USD pair and take a profit at 1,3500.
  • Add a stop-loss at 1,3650.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Possible Drop Expected After BOE Decision.

 

Bear Market Outlook

 
  • Set a sat-stop at 1,3550 and a take profit at 1,3500.
  • Add a stop-loss at 1,3600.
  The GBP/USD pair continued its uptrend as the market readjusted to the upcoming Bank of England (BOE) interest rate decision, hitting a multi-week high of 1,3588, roughly 1,52% above this year's low.   gbpusd-crispus-03022022  

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