Forex Signal For GBP/USD: Sterling Down Below Symmetrical Triangle.
Forex Signal For GBP/USD: Sterling Down Below Symmetrical Triangle.
The parity will continue to fall after they fall under the triangle model.
Bear Market View
- Set sales-stop to 1,3040 and set profit to 1,2970.
- Add a stop-loss to 1,3120.
- Timeline: 1 day
Forex Signal For GBP/USD: Sterling Down Below Symmetrical Triangle.
Bull Market View
- Set profit to 1,3120, profit to 1,3200.
- Add a stop-loss to 1,3050.
The total power of the US dollar has fallen to 1,3042, the lowest level since March 16th, because it pushed the price of
GBP/US dollars below the ground level of support.
It fell from the highest level in March, at 1,72%.
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