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Forex Signal For GBP/USD: Sterling Getting Oversold

Forex Signal For GBP/USD: Sterling Getting Oversold Forex Signal For GBP/USD: Sterling Getting Oversold Forex Signal For GBP/USD: Sterling

Forex Signal For GBP/USD: Sterling Getting Oversold
Yazar: Ross Sutton

Yayınlanma: 26 Nisan 2022 14:40

Güncellenme: 25 Aralık 2024 18:55

Forex Signal For GBP/USD: Sterling Getting Oversold

    Forex Signal For GBP/USD: Sterling Getting Oversold It looks like the duo will likely start a recovery in the coming days as the bulls target the key resistance level at 1,2850  

Bull Market View

 
  • Buy GBP/USD and earn from 1,2825.
  • Add a stop-loss to 1,2650.
  • Timeline: One or two days.
 

Forex Signal For GBP/USD: Sterling Getting Oversold

 

Bear Market View

 
  • Stop selling at 1,2690 and get a profit at 1,2600.
  • Add a stop-loss to 1,2750.
  As the U.S. dollar's strength continued, the GBP/USD price continued its striking trend, dropping below the lowest in 1,2738 — the lowest level since September 21st. It has moved more than 10% from its highest point in May   gbpusd-crispus-26042022  

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