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GBP/USD Forex Signal: Bullish Momentum Will Accelerate.

GBP/USD Forex Signal: Bullish Momentum Will Accelerate. GBP/USD Forex Signal: Bullish Momentum Will Accelerate.

GBP/USD Forex Signal: Bullish Momentum Will Accelerate.
Yazar: Ross Sutton

Yayınlanma: 5 Ekim 2021 12:12

Güncellenme: 13 Kasım 2024 21:53

GBP/USD Forex Signal: Bullish Momentum Will Accelerate.

    GBP/USD Forex Signal: Bullish Momentum Will Accelerate. The pair is likely to continue higher later today as the bulls are targeting the 50% retracement level at 1,3700.  

Bull Market Outlook

 
  • Buy GBP/USD and set a take profit at 1,3700.
  • Add a stop-loss at 1,3545.
  • Timetable: 1-2 days.

GBP/USD Forex Signal: Bullish Momentum Will Accelerate.

Bear Market Outlook

 
  • Set aside a sell-stop at 1,3545 and a take-profit at 1,3450.
  • Add a stop-loss at 1,3650.
  The GBP/USD pair has been up for four days as investors rushed to buy the lows after last week's crash, with the pair trading at 1,3605, roughly 1.45% above last week's low.   gbpusd-05102021  

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