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

The wave counting for the GBP/USD currency pair still looks convincing, but it may soon require adjustments and additions. The exit of quotes from the reached lows gives hope...

The recent bullish rejection witnessed around 1.3600 as well as the temporary bullish breakout above 1.3880 indicated a high probability that this bullish movement may pursue towards 1.4025 then 1.4100...

The specter of stagflation continues to haunt Britain. The Bank of England predicts that consumer prices will remain above 4% in the second quarter of 2022, and hints...

In my morning forecast, I paid attention to the level of 1.3693 and recommended that you make decisions on entering the market from it. Let's look at the 5-minute chart...

The bears failed to break through the support level they encountered last week with the monthly Fibo Kijun (1.1695). Today, they continue to assault the level. Its breakdown, as well...

Last week, the pound/dollar pair declined, tested the support line of 1.3629 (red bold line), and closed the weekly black candlestick at 1.3669. This week, the price will most likely...

The euro/dollar pair continued to decline last week, testing the level of 1.1699 – the pullback level of 85.4% (yellow dotted line), and then it slightly increased, closing the weekly...

Here are the details of the economic calendar for Sept 24: Last Friday, US new home sales data was published, where they recorded an increase of 1.5% in August...

As expected , GBP / USD tested the retracement levels then continued to decline to 1.35700. This formed an inside bar, which suggests further downside potential in the market...

The market may move upward from the level of 1.3669 (closing of Friday's daily candle) with the target of 1.3724 - the 38.2% retracement level (yellow dashed line). Upon reaching...