GBP/USD Forecast: Pound needs to clear 1.1750 to extend rebound

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GBP/USD Forecast: Pound needs to clear 1.1750 to extend rebound
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$GBPUSD Forecast: Pound needs to clear 1.1750 to extend rebound by eren_fxstreet forex trading

1.1700. With risk flows starting to dominate the market action early Tuesday, the pair has gathered bullish momentum and advanced toward 1.1750.

The US economic docket will feature the Conference Board's Consumer Confidence Index for August and JOLTS Job Openings data for July. In case the pair manages to rise above 1.1750 and starts using that level as support, it could target 1.1800 and 1.1850 . Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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