Forex Signal For GBP/USD: Rising Ahead of US NFP Data.
Forex Signal For GBP/USD: Rising Ahead of US NFP Data.
The pair will likely continue to rise as the bull market targets the 38,2% Fibonacci retracement level at 1,3470.
Bull Market Outlook
- Buy GBP/USD and take a profit at 1,3470.
- Add a stop-loss at 1,3200.
- Timetable: 2 days.
Forex Signal For GBP/USD: Rising Ahead of US NFP Data.
Bear Market Outlook
- Set a sell-stop at 1,3280 and a take profit at 1,3200.
- Add a stop-loss at 1,3350.
The GBP/USD pair is little changed on Thursday morning as reflected in Jerome Powell's statement and strong economic data, trading at 1,3320, which is about 0,95% above the weekly low.
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