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

GBP/USD Signal - USD Retail Sales - 15 Oct 2021

You are here

Signal Details
Entry Price: 
1.3675
Take Profit: 
1.3750
Stop Loss: 
1.3610
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD has traded into support prior to the USD Retail Sales data, which measures the total receipts for retail stores in the USA. Technically the pair is holding the 38.2% fibo level from the daily chart as support, and we anticipate a rebound into the recent highs at 1.3750.

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.