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FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Forex Analysis

Forex Analysis:::2024-01-16T12:42:54
Trading Signals for GBP/USD on January 16-17, 2024: sell below 1.2655 (200 EMA - 7/8 Murray)
In case GBP consolidates above the 200 EMA located at 1.2655, we could expect a recovery. GBP/USD could reach 8/8 Murray at 1.2695 and finally, it could reach...
Forex Analysis:::2023-12-29T14:00:48
Trading Signals for GBP/USD for December 29-31, 2023: sell below 1.2760 (pivot point - 21 SMA)
Early in the American session, the British pound is trading around 1.271, testing the bottom of the uptrend channel formed since December 12 and showing a strong technical correction, having...
Forex Analysis:::2023-12-22T14:42:18
Trading Signals for GBP/USD for December 22-26, 2023: sell below 1.2740 (8/8 Murray - 21 SMA)
As the British pound is inside the downtrend channel and as long as it trades below 1.2740, it will be seen as an opportunity to sell. In case GBP/USD falls...
Forex Analysis:::2023-12-13T15:04:25
Trading Signals for GBP/USD for December 13-14, 2023: sell below 1.2560 (21 SMA - 200 EMA)
Given that the pound is trading within a downtrend channel, GBP/USD is expected to continue falling in the next few hours and could reach the 1.2490 area. This level represents...
Forex Analysis:::2023-12-08T12:14:50
Trading Signals for GBP/USD on December 8-12, 2023: sell in case of pullback at 1.2625 (200 EMA - 21 SMA)
The reaction of the British pound could be positive for the next hours, but we could expect a continuation of the downward movement which will allow us to sell...
Forex Analysis:::2022-10-03T11:22:12
GBP's rise likely to be short-lived
The British pound has recouped almost all of its losses after a rapid fall last week. Does it mean that the pound is back on track? Not necessarily. GBP's rise...
Forex Analysis:::2022-06-10T15:43:28
Outlook for pound sterling looks increasingly bleak
A large-scale crisis in the cost of living in the UK threatens to completely stop the growth of the national economy. Consumers and businesses are expected to rein in spending...
Forex Analysis:::2022-05-12T21:18:45
GBPUSD: falling to parity is no longer a fairy tale?
In addition to the fact that the pound itself has a rather tense relationship with the US dollar, Britain's currency is also threatened by the policy of Britain itself...
Analysis News:::2022-03-22T16:50:39
GBP stays strong as BoE sticks to its policy plan
The British pound climbed to a two-week high against the euro, rebounding after a rate hike introduced by the Bank of England on March 17, which investors perceived...
Analysis News:::2022-02-25T20:01:51
UK Consumer Confidence plunges
The survey results released on Friday, February 25th, revealed that consumer confidence in the United Kingdom plunged to the lowest levels throughout the pandemic period. Experts note that the British...
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