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

The British pound dropped sharply following comments from Prime Minister Rachel Reeves, who stated that the United Kingdom could gain enormous benefits from restoring relations with the European Union...

Trade Review and Guidance on Trading the British Pound The price test at 1.3355 occurred when the MACD indicator had just started moving down from the zero line, confirming...

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On the hourly chart, the GBP/USD pair on Monday rebounded from the 23.6% Fibonacci level at 1.3313, turned in favor of the pound, and rose, closing above the resistance level...

It is anticipated that following a two-day policy meeting, the Federal Reserve will implement a second consecutive rate cut to prop up the unstable labor market. However, any attempts...

On Monday, the pair moved upward and tested the 8-period EMA at 1.3350 (thin blue line), after which the price moved downward and closed the daily candle at 1.3333. Today...

The first test of the price at 1.3328 occurred when the MACD indicator had already moved significantly down from the zero mark, which limited the downside potential of the pair...

The U.S. dollar continued to lose ground against the euro, British pound, Japanese yen, and other risk assets. The lack of U.S. statistics affected the U.S. dollar, and the upcoming...

One macroeconomic report is scheduled for Tuesday. Germany will release the consumer confidence index from GfK, which holds roughly the same value for traders as yesterday's business climate report...

On Tuesday, the GBP/USD pair also traded upward, albeit with minimal volatility. The mere fact that the British pound is rising is already positive, as in recent weeks the market...