Forex Signal For GBP/USD: The Downward Trend Continues Despite Limited Range.
Forex Signal For GBP/USD: The Downward Trend Continues Despite Limited Range.
There is a possibility that the pair will stay in this range today and then continue the downtrend.
Bear Market Outlook
- Set sales-stop as 1,3045 and profit-loss as 1,2955
- Add a stop-loss to 1,3145.
- Timeline: 1-2 days.
Forex Signal For GBP/USD: The Downward Trend Continues Despite Limited Range.
Bull Market View
- 1,3120 buy-stop, and set take a profit 1,3200
- Add a stop-loss to 1,2950.
As the Easter weekend continues,
GBP/USD is trading sideways on Monday morning, trading at 1,3057, which it closed last week.
This price is about 0,90% below this month's high.
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