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

The GBP/USD pair traded rather lethargically on Tuesday, and for two weeks now, the British pound has been essentially trapped within a sideways channel. Yesterday, the pair once again attempted...

The EUR/USD currency pair traded quite weakly on Tuesday due to technical factors and the complete absence of any events/news/reports. In principle, the current week begins today, on Wednesday. Today...

The GBP/USD currency pair attempted once again to breach the support area of 1.3465-1.3480 on Tuesday but was unsuccessful once more. Thus, the sideways channel of 1.3465-1.3588 remains relevant. Additionally...

The EUR/USD currency pair continued to exhibit low volatility throughout the day on Tuesday. The fundamental, macroeconomic, and geopolitical backgrounds were again absent, leaving traders with nothing to react...

The GBP/USD pair showed similar dynamics to the EUR/USD pair on Monday, but the euro is still in a downward correction, while the British pound is more in a flat...

On Monday, the EUR/USD currency pair traded higher but failed to break above the nearest resistance level at 1.1754. Therefore, a new round of correction within the ongoing upward trend...

Throughout Monday, the GBP/USD currency pair also traded with a rise; however, unlike the EUR/USD pair, it maintains an upward trend. The attempt to breach the nearest support area...

The EUR/USD currency pair attempted to extend its upward move on Monday but ran into an insurmountable barrier in the 1.1750-1.1760 area. Recall that the pair previously broke the trend...

On Friday, the GBP/USD pair also moved higher, which could have been triggered by the UK retail sales report. Retail sales exceeded economists' predictions. However, in practice, the market...

On Friday, the EUR/USD currency pair began an upward movement after a week of correction. There was no macroeconomic backdrop on that day, and very few geopolitical news items were...