GBP/USD Signal - GBP Retail Sales - 17 Sep 2021

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

trendanalysis harmonicpatterns chartpattern gbpusd containsimage

GBPUSD is trending to the upside today prior to the GBP Retail Sales data, which measures the total receipts for all retail stores domestically. Technically the pair has bounced from a demand zone, and our mean reversion strategy has also indicated a buy signal.

Trade closed: stop reached

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