Forex Signal For GBP/USD: Very Attractive Before UK Data Dump
Forex Signal For GBP/USD: Very Attractive Before UK Data Dump
The pair is likely trending higher in the near term.
Bull Market Outlook
- Set a buy-stop at 1,3875 and a take profit at 1,3980.
- Add a stop-loss at 1,3800.
- Timetable: 1-3 days.
Forex Signal For GBP/USD: Very Attractive Before UK Data Dump
Bear Market Outlook
- Set to take a sell-stop at 1,3800 and a profit at 1,3700
- Add a stop-loss at 1,3900.
GBP/USD comes under heavy pressure in the overnight session as the market awaits economic data from the UK also, the pair is trending down as investors rush to safety in the wake of the Afghanistan crisis and talk about the Fed's contraction.
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