Forex Signal For GBP/USD: Promises More Earnings Before US GDP Data.
Forex Signal For GBP/USD: Promises More Earnings Before US GDP Data.
GBP/USD outlook slightly bullish after breakout
Bull Market Outlook
- Buy the GBP/USD pair and take a profit at 1,2300.
- Add a stop-loss at 1,2050.
- Timetable: 1 day.
Forex Signal For GBP/USD: Promises More Earnings Before US GDP Data.
Bear Market Outlook
- Take a sell stop at 1,2050 and a profit at 1,2000.
- Add a stop-loss at 1,2150.
The GBP/USD pair rose to 1,2125, the highest since July 4th after the Federal Reserve's latest rate decision, about 3% above this month's low. While rising, it broke above key resistance at 1,2085.
You may also be interested in: