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Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals.

Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals. Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals.

Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals.
Yazar: Ross Sutton

Yayınlanma: 18 Kasım 2021 13:38

Güncellenme: 21 Aralık 2024 14:31

Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals.

  Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals. There is a possibility of a pullback for the pair in the near term.  

Bear Market Outlook

 
  • Set a sell-stop at 1,3450 and a take profit at 1,3350 (last week's low).
  • Add a stop-loss at 1,3550.
  • Timetable: 1-2 days.
 

Forex Signal GBP/USD: Bearish Flag Shows Possible Retracement Signals.

 

Bull Market Outlook

 
  • Set a buy-stop at 1,3490 and a take profit at 1,3550.
  • Add a stop-loss at 1,3400.
  The GBP/USD pair moved higher early Wednesday and Thursday to 1.3478, slightly above last week's low of 1,3350, as the market reflected strong overall economic data from the UK and US.   gbpusd-crispus-18112021  

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