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Forex Signal For GBP/USD: Relief Recovery May Happen Soon.

Forex Signal For GBP/USD: Relief Recovery May Happen Soon. Forex Signal For GBP/USD: Relief Recovery May Happen Soon.

Forex Signal For GBP/USD: Relief Recovery May Happen Soon.
Yazar: Ross Sutton

Yayınlanma: 30 Eylül 2021 09:26

Güncellenme: 22 Kasım 2024 15:07

Forex Signal For GBP/USD: Relief Recovery May Happen Soon.

    Forex Signal For GBP/USD: Relief Recovery May Happen Soon.   As the pair continues to decline, there is a possibility that a relief rally will take place as investors rush to buy the dips.  

Bull Market Outlook

 
  • Set a buy-stop at 1,3460 and a take profit at 1,3600.
  • Add a stop-loss at 1,3400.
  • Timetable: 2 days.
 

Forex Signal For GBP/USD: Relief Recovery May Happen Soon.

 

Bear Market Outlook

 
  • Set a sell-stop at 1,3400 and a take profit at 1,3300.
  • Add a stop-loss at 1,3500.
    The GBP/USD pair fell to its lowest level since December amid rising risks of UK economic stagflation, with the pair slipping to 1,3412, 3,62% below this month's high.   gbpusd-30092021  

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