Pound Sterling Price News and Forecast: GBP/USD takes offers to refresh multi-day low
|GBP/USD Price Analysis: Renews six-week low with eyes on 1.1920 support and UK Retail Sales
GBP/USD stands on slippery grounds as it refreshes the 1.5-month low near 1.1950 during early Friday. In doing so, the Cable pair extends the previous day’s downside break of a six-week-old ascending trend line during the three-day losing streak.
Not only the break of a multi-day-old ascending trend line but the bearish MACD signals also favor the GBP/USD sellers. Read more...
Trading the market structure on GBP/USD [Video]
In this forex trading video we cover the entry,exit reasons and management for our forex trade today on the GBP/USD & how you can trade the forex structure on Daily , 4 , 1 Hourly charts. In the last few videos we covered the steps to find and trade structure. In this video you will learn how we traded the GBP/USD structure today using the trading charts and price action. Read more...
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