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Forex Signal For GBP/USD: Rising Momentum Will Accelerate.

Forex Signal For GBP/USD: Rising Momentum Will Accelerate. Forex Signal For GBP/USD: Rising Momentum Will Accelerate.

Forex Signal For GBP/USD: Rising Momentum Will Accelerate.
Yazar: Ross Sutton

Yayınlanma: 21 Ekim 2021 13:09

Güncellenme: 22 Kasım 2024 17:36

Forex Signal For GBP/USD: Rising Momentum Will Accelerate.

  Forex Signal For GBP/USD: Rising Momentum Will Accelerate. The pair will likely continue to rise as the bulls aim the next key resistance level at 1,3900.  

Bull Market Outlook

 
  • Buy GBP/USD and set a profit at 1,3900.
  • Add a stop-loss at 1,3750.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Rising Momentum Will Accelerate.

 

Bear Market Outlook

 
  • Set a sell-stop at 1,3800 and add a take-profit at 1,3700.
  • Add a stop-loss at 1,3900.
  The GBP/USD price jumped to its highest level since Sept. 16 as investors focused on the relatively weak US dollar, and Sterling continued to rise even after the UK released its relatively weak consumer inflation data on Wednesday. It is trading at 1,3825, which is about 3,12% above this year's low.   gbpusd-21102021  

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