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

The wave structure of the GBP/USD pair has also transformed into a bullish, impulsive formation — "thanks" to Donald Trump. The wave pattern is almost identical to that of EUR/USD...

This week, the European Union and the United States made no significant progress in resolving trade disputes, as officials from President Donald Trump's administration indicated that most of the U.S...

There were no tests of the levels I outlined in the first half of the day. Even with the release of important inflation data from the UK, reduced market volatility...

In my morning forecast, I highlighted the 1.3247 level as a reference point for market entry decisions. Let's take a look at the 5-minute chart and analyze what happened...

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The test of the 1.3238 price level occurred when the MACD indicator had just begun rising from the zero line, which confirmed a valid entry point for buying the pound...

The euro and the pound retained their strength against the dollar despite a correction in risk assets during the latter part of the day. The European currency demonstrated resilience...

A few macroeconomic events are scheduled for Wednesday, but some important reports will be released. However, the current key issue is not the reports' significance but how the market will...

Analysis of Tuesday's Trades 1H Chart of GBP/USD Throughout Tuesday, the GBP/USD pair continued its upward movement. As we can see, the British currency doesn't need any particular reason...

The British pound continues to rise according to our previously outlined scenario (see reference), heading toward the magnetic point at 1.3311, which is the intersection with the upper boundary...