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Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future

Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future Forex Signal For GBP/USD: Pound Pullback Will Continue In The

Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future
Yazar: Ross Sutton

Yayınlanma: 10 Ekim 2022 18:35

Güncellenme: 23 Kasım 2024 18:42

Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future

    Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future   The pair will likely continue to decline as long as the sellers aim the next key support level at 1,100.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,100.
  • Add a stop-loss at 1,1200.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Pound Pullback Will Continue In The Near Future

 

Bull Market Outlook

 
  • Set a buy stop at 1,1170 and a take profit at 1,1250.
  • Add a stop-loss at 1,1050.
  GBP/USD price fell to 1,1100, roughly 3,5% below last week's high, coming under heavy pressure ahead of key economic data from the UK and US.   gbpusd10102022  

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