Forex Signal For GBP/USD: Uptrend After UK Data.
Forex Signal For GBP/USD: Uptrend After UK Data.
The pair will likely break above the top of the line after the UK GDP data.
Bull Market Outlook
- Set a buy-stop at 1,3900 and take a profit at 1,3982
- Add a stop-loss at 1,3840.
- Timetable: 1-2 days.
Forex Signal For GBP/USD: Uptrend After UK Data.
Bear Market Outlook
- Take a sell-stop at 1,3800 and a profit at 1,3700.
- Add a stop-loss at 1,3900.
GBP/USD price rebounded on Wednesday after relatively mild US inflation data.
The pair rose from this week's low of 1,3800 to 1,3863.
You may also be interested in