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Forex Signal For GBP/USD: Sterling Looks To Be Prepared For A New Bearish Breakout.

Forex Signal For GBP/USD: Sterling Looks To Be Prepared For A New Bearish Breakout. Forex Signal For GBP/USD: Sterling Looks To Be Prepared

Forex Signal For GBP/USD: Sterling Looks To Be Prepared For A New Bearish Breakout.
Yazar: Ross Sutton

Yayınlanma: 19 Eylül 2022 18:57

Güncellenme: 12 Nisan 2024 09:59

Forex Signal For GBP/USD: Sterling Looks To Be Prepared For A New Bearish Breakout.

    Forex Signal For GBP/USD: Sterling Looks To Be Prepared For A New Bearish Breakout.   The pair will most likely continue to decline ahead of the upcoming Fed decision.  

Bear Market Outlook

 
  • Sell GBP/USD and take profit at 1,1300.
  • Add a stop-loss at 1,1500.
  • Timetable: 1-2 days.
 

GBP/USD Forex Signal: Sterling Looks To Be Prepared For A New Bearish Breakout.

 

Bull Market Outlook

 
  • Set a buy stop at 1,1450 and a take profit at 1,1550.
  • Add a stop-loss at 1,1350.
  GBP/USD fell to 1,3836 as the price fell to its lowest level in more than three decades amid concerns over the UK economy and an overly strong US dollar. So this year it's just dropped more than 10%.   gbpusd_19092022_cryspus  

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