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

The pound reacted with a slight decline to the Bank of England's decision to keep the interest rate at 4%. The regulator also left open the prospect of a further...

Today, Thursday, the GBP/USD pair is in demand, attracting buyers around 1.3585. As expected, the Federal Reserve lowered rates for the first time since December 2024 by 25 basis points...

Trade review and advice for trading the pound The price test at 1.3611 occurred when the MACD indicator had just begun moving upward from the zero mark, confirming the correct...

The pound and the euro worked perfectly today through the Mean Reversion strategy. I tried trading the yen using Momentum, but the outcome was not great. Today's calm...

The U.S. dollar initially lost ground against risk assets but quickly regained its position after Fed Chair Jerome Powell's speech. Yesterday, the Federal Reserve cut interest rates by a quarter...

The test of 1.3660 occurred when the MACD indicator had already moved far above the zero line, which limited the pair's upside potential. For this reason...

There are very few macroeconomic reports scheduled for Thursday, and none of them are significant. The most important reports this week have already been released in the U.K., while...

Wednesday Trade Review: 1H Chart of GBP/USD The GBP/USD pair on Wednesday showed movements similar to those of the EUR/USD pair. In the morning, the U.K. released an important inflation...

Early in the European session, the euro is trading around 1.1813 following a technical correction after the price reached a new high around 1.1917. The euro has been trading within...

Conversely, if gold consolidates above $3,671, it could continue its rise until it reaches the 61.8% Fibonacci level around $3,685. The price could even reach the psychological level of $3,700...