Sorry, you need to enable JavaScript to visit this website.

GBP/USD Signal - USD Redbook Index - 19 Oct 2021

You are here

»
Signal Details
Entry Price: 
1.3729
Take Profit: 
1.3870
Stop Loss: 
1.3680
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD is holding support today prior to the USD Redbook Index data, which is a sales weighted index of over 9,000 retail stores in the US. Technically the forex pair is holding above the 1.37170 structure support, and we anticipate the bulls to continue pressure up into the 1.3870 level.

Submitted by Toni H. on Mon, 18 Oct 2021 23:18:08 GMT

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

Site Pages

Legal Pages

Social Corner

Trading tools