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Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control.

Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control. Forex Signal For GBP/USD: Possible Relief Rally Expected as

Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control.
Yazar: Ross Sutton

Yayınlanma: 22 Ağustos 2022 16:25

Güncellenme: 7 Kasım 2024 06:24

Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control.

    Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control.   The pair will likely continue to decline as long as the sellers aim the next key support at 1,1750.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1.1750.
  • Add a stop-loss at 1.1900.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Possible Relief Rally Expected as Bears Take Control.

 

Bull Market Outlook

 
  • Take a buy stop at 1,1900 and a profit at 1,2000.
  • Add a stop-loss at 1,1800.
The GBP/USD price fell to its lowest level since July as the US dollar rallied overall, dropping to 1,1830, much lower than this month's high of 1,2288.   gbpusd_crispus_220822  

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