Pound Sterling Price News and Forecast: GBP could extend rebound once 1.3130 is confirmed [Video]

FXStreet Team FXStreet

GBP/USD Forecast: Pound Sterling could extend rebound once 1.3130 is confirmed as support

After touching its lowest level since August 20 near 1.3000 on Wednesday, GBP/USD staged a decisive rebound on Thursday. The pair clings to modest daily gains and holds comfortably above 1.3100 in the European session on Friday.

The broad-based selling pressure surrounding the US Dollar (USD) and the improving risk mood helped GBP/USD gather bullish momentum in the second half of the day on Thursday. Read more...

GBP/USD forex trade review on market structure shift [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, 15 minute charts and how you can target the next support/resistance. 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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