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

Trade Analysis and Trading Tips for the British Pound The test of the 1.3530 price level occurred when the MACD indicator was just beginning to move downward from the zero...

The price test at 1.3501 occurred when the MACD indicator was just beginning to move up from the zero mark, confirming the correct entry point to buy the pound...

The dollar continued to lose its edge versus risk assets, and coordinated currency interventions played a role. Although the US services sector released a fairly decent report, it must...

The GBP/USD pair turned upward on Thursday and closed above the critical line and the trendline. Thus, there are grounds to assume the end of the two-week downtrend. However, note...

Several macroeconomic publications are scheduled for Friday. For example, the EU will publish a retail sales report, but who in the market is interested in retail sales right...

The GBP/USD pair also rose during Thursday even though the macro backdrop suggested a decline. Recall that this week only the US ISM services business activity index supported the dollar;...

Americans like to live well. They are used to living well. Certainly not all Americans throw money around and can buy whatever they wish. Still, no one will deny that...

The dollar gave back some ground yesterday — partly following a weak ADP report, partly due to currency intervention by the Bank of Japan, and partly after remarks...

The price test at 1.3477 occurred when the MACD indicator had moved well below the zero mark, limiting the pair's downside potential. The second test of 1.3477 coincided with...

The GBP/USD pair fell on Wednesday to the support area of 1.3465–1.3480, which may become the terminal point of the dollar's recent advance. In our view, the recent downward move...