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

Preliminary PMI data for May from the Eurozone and the UK will be released today in the first half of the day, and the market will focus closely on these...

The price test at 1.3395 coincided with the MACD indicator just beginning to move upward from the zero mark, confirming the correct entry point for buying the pound...

The dollar has once again found itself in a difficult position due to Donald Trump's latest statements regarding the Middle East. The euro and the pound reacted positively to news...

We should pay attention to the 21 SMA, a key support level where we could look for opportunities to open long positions. Our outlook will hold only if the instrument...

Given that the British pound has reached resistance near 1.3477, this could be a signal to open short positions; or, should the British pound fall below the 6/8 Murray level...

The euro has upside potential in the coming days, so we will look for opportunities to continue buying as long as the price consolidates above the 3/8 Murray level. Hence...

There are several macroeconomic reports scheduled for Thursday, May 21. However, the relevance of this number of reports may be minimal. Recall that this week the market has already ignored...

The GBP/USD pair showed interesting movements from the very morning on Wednesday. Not only was an important inflation report for April published in the UK, but it also garnered significant...

The GBP/USD currency pair traded very weakly on Wednesday. Despite the morning release of the inflation report, which is both important under current circumstances and showed quite resonant figures, traders...

The GBP/USD currency pair traded for most of the day on Wednesday, with minimal volatility and no clear direction. However, in the evening, Donald Trump once again announced that negotiations...