Forex Signal For GBP/USD: Upside Probability.
Forex Signal For GBP/USD: Upside Probability.
The pair is likely to recover as the bulls target the upper side of the channel around 1,3850.
Bull Market Outlook
- Buy the GBP/USD pair and take a profit at 1,3850.
- Add a stop-loss at 1,3720.
- Timetable: 1 day.
Forex Signal For GBP/USD: Upside Probability.
Bear Market Outlook
- Set a sat-stop at 1,3750 and a take profit at 1,3700.
- Add a stop-loss at 1,3825.
The GBP/USD pair was little changed, trading at 1,3778, about 0,40% below this week's high, as investors reacted to rising crude oil prices and the upcoming US consumer confidence and UK autumn budget.
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