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Forex Signal For GBP/USD: Uptrend Before US Data

Forex Signal For GBP/USD: Uptrend Before US Data Forex Signal For GBP/USD: Uptrend Before US Forex Signal For GBP/USD: Uptrend Before

Forex Signal For GBP/USD: Uptrend Before US Data
Yazar: Ross Sutton

Yayınlanma: 27 Temmuz 2021 14:30

Güncellenme: 20 Kasım 2024 18:59

Forex Signal For GBP/USD: Uptrend Before US Data

  Forex Signal for GBP/USD: Uptrend Before US Data   The GBP/USD pair rally is expected to continue as the bulls target the next key resistance level at 1,3900.  

Bull Market Outlook

 
  • Sell GBD/USD to take a profit at 1,3900.
  • Add a stop-loss at 1,3700.
  • Timetable: 1-2 days.

Bear Market Outlook

 
  • Set a buy-stop at 1,3780 and a take profit at 1,3600.
  • Add a stop-loss at 1,3850.
  The GBP/USD pair has reached its highest level for more than a week ahead of the latest US consumer confidence data and the Federal Reserve rate decision. The pair rose to 1,3820, about 1,83 % above last week's low.   gbpusd-27072021

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