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

No tests of the specified levels occurred during the first half of the day due to significantly reduced volatility in the pound following yesterday's sell-off. The release of data...

In my morning forecast, I highlighted the 1.2526 level as a key point for entering the market. Looking at the 5-minute chart, the pound rose but did not test 1.2526...

On the hourly chart, the GBP/USD pair rebounded from the 200.0% corrective level at 1.2569 on Thursday, showed a slight rise, and then resumed its decline. By Friday morning...

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The 1.2635 price test occurred when the MACD indicator had just begun moving downward from the zero level. This confirmed a correct entry point for selling the pound, which resulted...

Analysis of Thursday's Trades 1H Chart of GBP/USD The GBP/USD pair continued its near-collapse on Friday. Recall that the Federal Reserve meeting results were announced on Wednesday evening, followed...

A fair number of macroeconomic events are scheduled for Friday, but none are significant. A retail sales report in the UK will be released, which is not particularly critical, especially...

The GBP/USD currency pair plummeted on Wednesday evening, mirroring the movement of the EUR/USD pair. This is hardly surprising given the nature of the Federal Reserve's meeting. However, on Thursday...

The GBP/USD currency pair showed significant declines on Wednesday and Thursday, interspersed with a strong upward correction. The British pound once again displayed notable resilience against the dollar, rising...

The range of yesterday's GBP/USD movement exceeded Wednesday's by 172 pips, but ultimately, it did not benefit the pound. The day closed with a 72-pip loss, breaking through the target...