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Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.

Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision. Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.

Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.
Yazar: Ross Sutton

Yayınlanma: 2 Kasım 2022 15:17

Güncellenme: 15 Kasım 2024 09:29

Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.

    Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.   The GBP to USD price has pulled back as the momentum from the past week has faded.  

Bear Market Outlook

 
  • Sell ​​the GBP/USD pair and take profit at 1,1360.
  • Add a stop-loss at 1,1550.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Sterling Looks Down Before FOMC Decision.

 

Bull Market Outlook

 
  • Set a buy stop at 1,1558 and a take profit at 1,1650.
  • Add a stop-loss at 1,1450.
  GBP/USD price slumped slightly ahead of the upcoming Fed and BoE decisions and fell to 1,1458, about 2% below last week's high. Still, this price is about 10% above September lows.   gbpusd_02112022_cryspus  

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Forex Signal For EUR/USD: US Dollar Slips Down Ahead of FOMC Decision.

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