Forex Signal for GBP/USD: Road to 1,3600 Still Very Solid!
Forex Signal for GBP/USD: Road to 1,3600 Still Very Solid!
The path of least resistance for the pair is at the lower levels.
Bear Market Outlook
Sell GBP/USD to get a profit at 1,3600.
Add a stop-loss at 1,3900.
Timetable: It is for 1-3 days.
Forex Signal for GBP/USD: Road to 1,3600 Still Very Solid!
Bull Market Outlook
Set a buy-stop at 1,3800 and take a profit at 1,3900.
Add a stop-loss at 1,3750.
The GBP/USD pair tumbled lower in the overnight session after relatively hawkish FOMC minutes. It's about 0,90 % below this week's high and is at 1,3775.