FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Quick bearish decline was executed towards 1.1075 & 1.0860 where significant Fibonacci Expansion levels are located. Based on the upcoming price action and the current weekly candlestick closure, the next...

GBP/USD rose to weekly high after the Bank of England said it would make temporary purchases of long-term UK bonds and postpone planned debt sales. This left a double...

The UK is entering an existential crisis last seen when the country voted to leave the European Union. It sent pound to parity with dollar, said the Bank of America...

The exchange rate of the pound/dollar instrument did not rise or fall by a single point on September 29. The range of movements during the first part...

The pound against the dollar is trying to develop a correction, but the price growth looks very unconvincing. Even though the Bank of England is trying to put out fires...

By buying bonds, the Bank of England has effectively suspended its planned quantitative tightening (QT) program. Given that the Fed intends to continue its super-tight monetary policy cycle, which will...

The GBP/USD pair moves sideways in the short term trying to attract more buyers before developing a larger rebound. As you already know, the price registered a massive drop...

Today, the dollar is recovering its positions in the foreign exchange market after yesterday's fall. The Bank of England said it would make temporary purchases of UK government bonds with...

In my morning forecast, I paid attention to the level of 1.0818 and recommended making decisions on entering the market. Let's look at the 5-minute chart and figure out what...

All elements being clearly bullish market, it would be possible for traders to trade only long positions on the GBP/USD pair as long as the price remains well above...