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

The British pound, Australian dollar, and Canadian dollar were traded today using the Mean Reversion strategy. I did not trade anything through Momentum. As expected, in the absence of important...

Trade Analysis and Advice on the British Pound The test of 1.3298 occurred when the MACD indicator had already moved far below the zero mark, which limited the pair's downward...

Despite the fact that more and more ECB policymakers are advocating for a restrictive approach to interest rates, the euro is not benefiting from it. In an interview, European Central...

On the hourly chart, the GBP/USD pair on Thursday consolidated below the support level of 1.3332–1.3357, which allows us to expect a continued decline toward the next Fibonacci level...

On Thursday, the pair moved downward; the 76.4% level – 1.3278 (yellow dotted line) shifted upward, closing the daily candle at 1.3300. Today, the pair may continue to move downward...

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A price test at 1.3369 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct entry point for selling the pound...

American Dollar Strengthens Against All Currencies The reason was the latest statements from U.S. Federal Reserve representatives, who indicated that, given the current government shutdown, further reductions in interest rates...

Very few macroeconomic reports are scheduled for Friday, as has been the case throughout the entire current week. Essentially, the only notable economic data so far was Germany's industrial production...

The GBP/USD pair also continued its downward movement on Thursday — both before and after Jerome Powell's speech, in which he said essentially nothing new. Still, the market doesn't seem...