Continued British Pound strength has been a major theme of recent forex trade, and our currency trading buy/sell signals forecast further British Pound rallies. Indeed, both of our Momentum strategies are currently long the British Pound against the US dollar—forecasting further advances. This is consistent with our British Pound Technical Outlook, as our Senior Strategist believes that the GBPUSD may rally to 1.8800 before turning lower.
Keep track of this GBPUSD signal and others on our Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates, as our automated forex signals can and do change on a daily and intraday basis.
For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.
