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

GBP/USD dropped aggressively today because the Dollar Index has rebounded. The pair is traded at the 1.3679 level far below 1.3750 yesterday's high. Unfortunately, the UK Gfk Consumer Confidence dropped...

According to the chart, since September 14, the British pound is trading below a bearish channel which was broken on September 23 at 1.3650. It means that the setback...

It was not possible to break through the monthly level again. As a result of a new attempt, the bears received another rebound, which is even stronger and more extensive...

To open long positions on GBP/USD, you need: In my morning forecast, I spoke in detail about two scenarios that could be realized. Let's look at the 5-minute chart...

The British currency increased following the long-awaited meeting of the Bank of England. The pound received a strong impulse to rise, which it successfully used. After the meeting of representatives...

As expected in yesterday's article on the GBP/USD currency pair, the Bank of England's decision on rates and subsequent comments may change the technical picture. That's what happened. Few people...

Technical Market Outlook The GBP/USD pair has bounced from the level of 1.3608, which makes this level a Double Bottom. The bulls have managed to retrace almost 50%...

GBP/USD 5M The GBP/USD pair finally moved the way it should on September 23. During the day, the price passed more than 130 points and this is a normal value...

4-hour timeframe Technical details: Higher linear regression channel: direction - downward. Lower linear regression channel: direction - downward. Moving average (20; smoothed) - downward. CCI: 73.8393 On Wednesday, the British...

GBP/USD dropped in the last two hours after reaching strong resistance. Technically, the pair reached a confluence area, so the current retreat is natural. Also, after such a strong rally...