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

The GBP/USD pair continues to decline within a broader bullish trend. The only working pattern that may currently be useful for traders remains the bearish imbalance 16. This pattern could...

Trade Review and Trading Advice for the British Pound The test of the 1.3340 level occurred when the MACD indicator had already moved significantly below the zero mark. However, given...

Meanwhile, amid the escalation of the military conflict between the US and Iran, the US dollar has been steadily strengthening. This uptrend, driven by geopolitical tension, is reflected in comments...

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful...

The euro and the British pound were traded very successfully today using the Momentum strategy. I did not trade using Mean Reversion, as I was expecting strong movements. The euro...

The war in the Middle East continues and, apparently, will only intensify for some time, which will undoubtedly be an important supporting factor, primarily for oil prices. Thus...

On the hourly chart, the GBP/USD pair declined on Monday toward the 1.3352–1.3362 support level and today has every chance of consolidating below this area. Such a close would allow...

The price test at 1.3390 occurred when the MACD indicator was just starting to move down from the zero mark, confirming the correct entry point for selling the pound...

The US dollar continued its active rise against the euro, pound, yen, and other assets amid the escalating geopolitical conflict. The geopolitical conflict in the Middle East and bombings...

There are very few macroeconomic reports scheduled for Tuesday. Nevertheless, the only inflation report from the Eurozone may influence the exchange rate of the European currency. However, in the current...