Forex Signal For GBP/USD: Sterling Approaches Major Support!
Forex Signal For GBP/USD: Sterling Approaches Major Support!
The smallest resistance point of the pair has shifted even lower!
- Set a sell stop at 1,3785 and a take profit at 1,3700.
- Add a stop-loss at 1,3850.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Sterling Approaches Major Support!
Bull Market Outlook
- Set a buy-stop at 1,3840 and a take profit at 1,3900.
- Add a stop-loss at 1,3785.
The GBP/USD pair has fallen for the past six days as investors continue to worry about the spreading Coronavirus Delta Variant. It is trading at 1,3815, which is about 1,3 % lower than last week's high.
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