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

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On the hourly chart, the GBP/USD pair continued its upward movement on Wednesday after rebounding from the 38.2% retracement level at 1.3186, consolidated above 1.3240 and 1.3294, and reached...

Yesterday, the U.S. dollar suffered significantly after a weak ADP employment report; however, the negative figures were partially offset by strong data on growth in U.S. services sector activity. According...

On Wednesday, the pair, moving upward, fell slightly short of the 50% retracement level at 1.3367 (blue dashed line), closing the daily candle at 1.3348. Today it may begin moving...

The US dollar experienced a significant decline yesterday following reports that American companies cut jobs in November by the largest amount since the beginning of 2023, which heightened concerns about...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I focused on the level...

The price test at 1.3297 occurred when the MACD indicator was just beginning to move upwards from the zero mark, confirming an appropriate entry point for buying the pound...

The U.S. dollar fell sharply against several risk assets yesterday for objective reasons. As indicated by the data, ADP employment in the U.S. decreased by 32,000 in November, while economists...

There are relatively few macroeconomic reports scheduled for Thursday, and none of them are considered important. In the UK, the construction sector's business activity index will be published...

The GBP/USD pair showed a strong upward movement on Wednesday, which may seem strange to many beginners. Indeed, in the UK, only a single services sector business activity index...