GBPUSD | British Pound (GBP) to US Dollar (USD) Rate in the Forex market

The GBP/USD pair made another reversal in favor of the pound sterling and resumed its upward movement, but the last three days ended badly for the British currency. First, Iran...

The wave pattern for GBP/USD continues to indicate the formation of an upward trend segment (lower image), while in the short term the market is still developing a structure that...

The Eagle indicator is showing negative signals, so the British pound is expected to continue falling. However, if the price remains above 1.35, it will be seen as a positive...

The test of the 1.3531 price level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming a valid entry point for selling...

On the hourly chart, the GBP/USD pair continued to fall on Tuesday and reached the support level of 1.3513–1.3526, which can be considered the lower boundary of the horizontal channel...

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Yesterday, the US dollar rose following the news that the US consumer price index for April delivered an unpleasant surprise to markets: inflation accelerated to its highest level in nearly...

The test of the price at 1.3519 coincided with the moment when the MACD indicator was just starting to move downward from the zero mark, confirming the correct entry point...

Demand for the US dollar has not abated, and in the second half of the day, it even increased, leading to another sell-off of risk assets. The euro declined...

Given that the euro is within an uptrend channel, the outlook could be positive for the coming days, so we should keep an eye on the 4/8 Murray zone. Above...