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Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded

Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded

Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded
Yazar: Ross Sutton

Yayınlanma: 26 Eylül 2022 14:46

Güncellenme: 15 Kasım 2024 09:47

Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded

    Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,0700.
  • Add a stop-loss at 1,1100.
  • Timetable: 1-2 days.
 

Forex Signal for GBP/USD: Sterling Drop Cannot Be Excluded

 

Bull Market Outlook

 
  • Set a buy stop at 1,100 and a take profit at 11200.
  • Add a stop-loss at 1.0800.
  The GBP/USD price slumped to its lowest level in more than three decades as a split between the Fed and the Bank of England (BoE) emerged as investors came under intense pressure as investors feared about the UK economy. It's down to 1,0848, which means it's down 20% this year alone.   gbpusd 20220926  

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