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Forex Signal For GBP/USD: Relentless Rally Continues.

Forex Signal For GBP/USD: Relentless Rally Continues. Forex Signal For GBP/USD: Relentless Rally Continues.

Forex Signal For GBP/USD: Relentless Rally Continues.
Yazar: Ross Sutton

Yayınlanma: 6 Ocak 2022 15:38

Güncellenme: 23 Kasım 2024 07:02

Forex Signal For GBP/USD: Relentless Rally Continues.

  Forex Signal For GBP/USD: Relentless Rally Continues.   The pair will likely continue to rise as the bull market targets the key resistance level at 1,3700, which is along the 78,6% Fibonacci retracement level.  

Bull Market Outlook

 
  • Buy GBP/USD and take a profit at 1,3700.
  • Add a stop-loss at 1,3492.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Relentless Rally Continues.

 

Bear Market Outlook

 
  • Set a sell-stop at 1,3530 and add a take-profit at 1,3450.
  • Add a stop-loss at 1,3600.
  GBP/USD rose to its highest level since Nov. 9 amid rising expectations for a more hawkish Bank of England (BOE). The pair is up more than 3% from its December low. This makes sterling the best performing currency in the G10.   gbpusd-crispus-06012022  

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