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

As the week comes to an end, the market remains indecisive, with no clear preferences evident. Yesterday, the bulls made some progress, adjusting the prevailing bearish sentiment. To confirm...

The price test at 1.2927 occurred when the MACD indicator started moving down from the zero mark, confirming a valid entry point for selling the pound. However...

The euro and the pound have shown that no one is ready for a major sell-off. However, there was no active support from big market participants positioned for long positions...

A fair number of macroeconomic events are scheduled for Friday, but we believe they will likely trigger only a localized market reaction. The UK will publish Q4 GDP data...

Analysis of Thursday's Trades 1H Chart of GBP/USD On Thursday, the GBP/USD pair also traded higher—and quite strongly. Despite the release of a reasonably solid Q4 GDP report...

The GBP/USD currency pair traded higher again on Thursday, even though a semblance of a downward correction had begun just a few days earlier. The market had already digested...

The GBP/USD currency pair showed a powerful upward movement on Thursday. Naturally, the catalyst was once again Donald Trump, who imposed new 25% tariffs on all automobile imports...

The wave pattern for GBP/USD remains somewhat ambiguous, but overall, it is manageable. There is still a high probability of a long-term downward trend developing. Wave 5 has taken...

Trade analysis and tips for trading the British pound The test of the 1.2905 level occurred when the MACD had already moved significantly below the zero line, which limited...

In my morning forecast, I focused on the 1.2916 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened...