Forex Signal For GBP/USD: Probability of Recovery
The pair will likely recover in the near term.
Bull Market Outlook
Buy GBP/USD and set a profit at 1,3915
Add a stop-loss at 1,3750.
Timetable: 1-2 days.
Forex Signal For GBP/USD: Probability of Recovery
Bear Market Outlook
Sell GBP/USD and set a profit at 1,3700
Add a stop-loss at 1,3900
The GBP/USD price fell slightly overnight after the US Senate passed the $1 trillion infrastructure package. The pair slumped to 1,3835, about 1 % below last week's high.