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

On Wednesday, the GBP/USD currency pair continued trading with an upward bias for some time, but it resumed its decline in the afternoon. From our perspective, the U.S. dollar...

The UK labor market report showed that wage growth remains high despite a slight slowdown— the three-month average declined from 5.9% to 5.6%, and including bonuses, it decreased from 5.7%...

The euro is expected to continue its fall in the coming hours. Therefore, we should expect a close below 1.1186 on the H4 chart. Then, the price could slide...

Gold left a gap around 3,325. It is likely to be filled in the coming days. For this, we should wait for gold to consolidate above 3,230, then the outlook...

The wave structure for GBP/USD has also transformed into a bullish impulsive pattern—"thanks" to Donald Trump. The wave picture is almost identical to that of EUR/USD. Up until February...

Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair experienced significant growth, despite no clear catalyst behind it. On Monday, the dollar rose on specific grounds...

There are very few macroeconomic events scheduled for Wednesday. The only item of note is the second estimate of Germany's Business Activity Index for April. Second estimates typically...

On Tuesday, the GBP/USD currency pair also ended what could only be called disgrace — its decline. On Monday, the U.S. dollar strengthened quite well following a successful first round...

On Tuesday, the GBP/USD currency pair easily recovered from the losses it experienced on Monday. Once again, we observe that the British pound rises more strongly than the euro...

Early in the American session, gold is trading around 3,249, rebounding after reaching the low of 3,224, which coincided with the 200 EMA. After reaching this bottom, gold is rebounding...