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

For the GBP/USD pair, the wave pattern continues to indicate the formation of an upward trend segment (bottom chart), but in recent weeks it has taken on a complex...

Today, the British pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. I traded only the Japanese yen using the Momentum strategy. Inflation data from...

Trade analysis and guidance on trading the British pound The first test of the 1.3386 price level occurred when the MACD indicator had just begun moving downward from the zero...

On the hourly chart, the GBP/USD pair on Thursday rebounded from the support level of 1.3352–1.3362, turned in favor of the pound, and rose to the 1.3425 level. A rebound...

On Thursday, the pair moved upward but fell slightly short of the 61.8% retracement level at 1.3451 (blue dashed line), after which the price turned downward and closed the daily...

According to the data, in September of this year, the U.S. trade deficit unexpectedly fell to its lowest level since mid-2020. This happened thanks to a sharp increase in exports...

The test of the price level at 1.3385 occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's upward potential. For this reason...

The dollar continues to face issues. As statistics indicate, the number of initial jobless claims in the US has sharply increased, exceeding economists' forecasts, leading to another decline...

There are a few macroeconomic reports scheduled for Friday, but some deserve traders' attention. In particular, reports on GDP and industrial production will be released...

The GBP/USD pair continued its upward movement on Thursday amid the Federal Reserve meeting. In previous articles, we mentioned that the market could react to such an important event...