Forex Signal For GBP/USD: Sterling Rebounds to Advance.
Forex Signal For GBP/USD: Sterling Rebounds to Advance.
The pair will likely continue its uptrend following the latest UK economic data.
Bull Market Outlook
- Buy the GBP/USD pair and take a profit at 1,3750.
- Add a stop-loss at 1,3550.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Sterling Rebounds to Advance.
Bear Market Outlook
- Take a sell-stop at 1,3600 and a profit at 1,3500.
- Add a stop-loss at 1,3700.
Investors are bracing for economic numbers from the UK and the GBP/USD pair has come under pressure, trading at 1,3650, about 0,70% below last week's high.
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