Forex Signal For GBP/USD: Rise Above 1,3900 In Extreme Dimensions!
Forex Signal For GBP/USD: Rise Above 1,3900 In Extreme Dimensions!
If the bulls can move comfortably above 1,3900, GBP/USD will likely move higher.
Bull Market Outlook
- Set a buy-stop at 1,3910 and a take profit at 1,3960.
- Add a stop-loss at 1,3850.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Rise Above 1,3900 In Extreme Dimensions!
Bear Market Outlook
- Set a sell-stop at 1,3870 and take a profit at 1,3800.
- Add a stop-loss at 1,3950.
The
GBP/USD pair edged higher ahead of US inflation data and upcoming UK re-openings. The pair rose to 1,3896, about 1,2 % above last week's low.
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