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

Trade Analysis and Advice for Trading the British Pound The price test at 1.3211 occurred when the MACD indicator had already moved significantly downward from the zero line, limiting...

On the hourly chart, GBP/USD has been trading sideways over the past few days between 1.3186 and 1.3240. Movements are weak. A rebound from the 38.2% Fibonacci level at 1.3186...

During the month, the pair moved upward and tested the historical resistance level at 1.3270 (blue dashed line), closing the monthly candle at 1.3232. In December, a downward movement...

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Last week, the pair moved upward and tested the historical support level of 1.3270 (blue dashed line). After that, the price moved downward, closing the weekly candle at 1.3232...

On Friday, the pair moved downward, tested the 5-period EMA at 1.3201 (thin red line), and then the price went up, closing the daily candle at 1.3232. Today, the price...

At the beginning of the upcoming week, the British pound major may face pressure near the resistance zone. A brief spike above its upper boundary is not excluded. After that...

The European currency continues to withstand the pressure placed on it, thanks to the regulator's effective actions. In an interview today, Governing Council member Joachim Nagel stated that...

The European currency continues to show strong potential for growth. On one hand, it is supported by expectations that the Federal Reserve will ease its monetary policy. On the other...

The price test at 1.3218 occurred when the MACD indicator was just starting to move upward from the zero mark, confirming a good entry point for buying the pound, which...