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Forex Signal For GBP/USD: Reached Top of Retracement

Forex Signal For GBP/USD: Reached Top of Retracement Forex Signal For GBP/USD: Reached Top of Retracement Forex Signal For GBP/USD: Top

Forex Signal For GBP/USD: Reached Top of Retracement
Yazar: Ross Sutton

Yayınlanma: 9 Kasım 2022 14:43

Güncellenme: 9 Kasım 2022 12:46

Forex Signal For GBP/USD: Reached Top of Retracement

    Forex Signal For GBP/USD: Reached Top of Retracement   It is observed that the price of the pair continues to rise after the closely watched US midterm elections.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1350.
  • Add a stop-loss at 1,1600.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Reached Top of Retracement

 

Bull Market View

 
  • Set a buy stop at 1,1590 and a take profit at 1,1650.
  • Add a stop-loss at 1,1500.
  The GBP/USD pair continued to rise in the evening and morning sessions amid Tuesday's midterm elections, with the pound trading at 1,1530, just above this month's low of 1,1146.   gbpusd_09112022_cryspus  

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