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

Our outlook remains bullish as long as the price remains above $4,321. So, our trading plan could be to buy, anticipating the price to reach $4,375 in the coming hours...

On the last trading day of the week, the GBP/USD pair is halting yesterday's correction from the area around 1.3440. However, it is still struggling to attract significant buying interest...

Trade Review and Trading Tips for the British Pound The test of the 1.3359 price level occurred when the MACD indicator was just beginning to move downward from the zero...

Today, only the Canadian dollar was traded using the Mean Reversion strategy. I traded the British pound and the Japanese yen using the Momentum strategy. The euro and the pound...

The Bank of Japan's hawkish stance supports the Japanese yen and limits the pair's movement ahead of Friday's policy update. At the same time, traders prefer to wait...

Following yesterday's inflation data, the British pound is preparing for another bout of volatility. Today, the Bank of England is likely to cut interest rates, as concerns are shifting from...

The price test at 1.3336 occurred when the MACD indicator was beginning to move upward from the zero mark, confirming an appropriate entry point for buying the pound...

The GBP/USD exchange rate was declining sharply amid a significant drop in the UK consumer price index (CPI), which is justifying expectations of a rate cut by the Bank...

Trade Analysis and Advice for Trading the British Pound The price test at 1.3370 occurred when the MACD indicator had moved far below the zero line, which limited the pair's...

For GBP/USD, the wave count continues to indicate the construction of an upward trend segment (see bottom chart), but over the past few weeks it has taken on a more...