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.
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%.