Forex Signal For GBP/USD: Sterling Stuck in Narrow Range.
Forex Signal For GBP/USD: Sterling Stuck in Narrow Range.
The
GBP/USD pair will stay in Tuesday's range.
Bull Market Outlook
- Buy the GBP/USD pair and take a profit at 1,2667.
- Add a stop-loss at 1,2467.
- Timetable: 1 day.
Forex Signal For GBP/USD: Sterling Stuck in Narrow Range.
Bear Market Outlook
- A sell-stop at 1,2490 and take a profit at 1,2400.
- Add a stop-loss at 1,2550.
The GBP/USD pair is trading sideways as political temperatures rise and is trading at 1,2540, just below last week's high of 1,2660.
The price is about 3% above May lows this year.
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