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

Last week, the GBP/USD pair gained nearly 300 points amid sharply rising expectations of a lasting ceasefire between Iran and the United States. However, those hopes did not materialize...

If the British pound continues to rise, we could expect it to reach the 7/8 Murray line around 1.3549 and could even reach the top of the uptrend channel formed...

If the technical rebound continues and the euro consolidates above 1.17, this could be seen as a signal to continue buying with targets at the 4/8 Murray level; ultimately...

Gold is trading around $4,725, rebounding after opening this week with a gap at about $4,631. From these levels, gold has been rebounding and has recouped some of its losses...

Trade Review and Tips for Trading the British Pound The test of the 1.3415 level occurred when the MACD indicator was just beginning to move upward from the zero line...

Today, only the British pound could be traded using the Momentum strategy. There was also a suitable Mean Reversion setup for the Australian dollar, but the expected reversal never materialized...

The GBP/USD pair started the new week with a bearish gap. However, spot prices managed to rebound from the Asian session low and are now trading above the key psychological...

On the hourly chart, the GBP/USD pair on Friday made a third rebound from the resistance level of 1.3437–1.3465, which again allows for expectations of a reversal in favor...

In the next couple of days, a flat (sideways) price movement is expected for the British pound major. Pressure on the upper resistance boundary is possible. After that, a reversal...

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