Forex Signal For GBP/USD: The Pound Will Continue to Momentum The Rise
Forex Signal For GBP/USD: The Pound Will Continue to Momentum The Rise
The pair will likely continue to rise as the bulls target the key resistance level at 1,2750.
Bull Market Outlook
- Buy the GBP/USD pair and set the buy-stop at 1,2750.
- Add a stop-loss at 1,2600.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: The Pound Will Continue to Momentum The Rise
Bear Market Outlook
- Sell GBP/USD and take a profit at 1,2550.
- Add a stop-loss at 1,2700.
GBP/USD continues its bullish trend as it climbs to its highest point since April 26, trading at 1,2655, which is about 4,13% above this month's low.
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