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

On the hourly chart, the GBP/USD pair continued to rise on Thursday, consolidating above the resistance zone of 1.3357–1.3371 and the level of 1.3425. Thus, on Friday, the upward movement...

Trend analysis (Fig. 1). On Friday, from the level of 1.3440 (yesterday's daily candle close), the market may start moving downward toward 1.3378 — the 23.6% retracement level (yellow dashed...

Yesterday, the dollar fell in response to news that U.S. President Donald Trump had appointed Council of Economic Advisers Chair Steven Miran as a member of the Federal Reserve Board...

At the start of the week, it appeared that more members of the Federal Reserve were adopting a softer stance on the future of interest rates. However, yesterday those...

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The test of the 1.3380 level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point to buy the pound. This...

The Euro and Pound Continued to Rise Yesterday, Along with Other Risk Assets All of this happened following new decisions made by U.S. President Donald Trump. Yes, yesterday Federal Reserve...

Analysis of Thursday's Trades 1H Chart of GBP/USD The GBP/USD pair continued its upward movement throughout Thursday. Yesterday, the Bank of England narrowly voted to cut its key interest rate...

There are no macroeconomic reports scheduled for Friday. Therefore, market movements today are likely weak and non-trending. However, it's important to remember that Donald Trump remains the President...

Following yesterday's Bank of England decision to cut the rate with a minimal majority (5 to 4), the British pound consolidated above the 1.3364 level, opening the path toward...