FX.co ★ Analytics GBPUSD | British Pound (GBP) to US Dollar (USD) Rate in the Forex market

Yesterday, the GBP/USD pair reacted to the bearish imbalance 17 (which allowed traders to reopen short positions), but the bearish move was short-lived. UK news—which in recent months has provided...

The Eagle indicator is showing a negative signal, so if a pullback occurs toward the top of the downtrend channel around $71,500, it could be seen as a signal...

If gold continues to show bearish signs, it could find strong support around $4,500 or even around the $4,495 level, which coincides with the lower band of the downtrend channel...

The Eagle indicator has reached oversold levels and is already showing a positive signal. So, if the price rebounds around $92—the lower band of the uptrend channel—it could be seen...

If the euro rebounds around the 61.8% Fibonacci retracement level, we could look for buying opportunities with targets at the 200 EMA around 1.1655 and finally, at the 161.8% Fibonacci...

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...

Trade Review and Tips for Trading the British Pound The test of the 1.3415 level occurred when the MACD indicator was just beginning to move upward from the zero line...

The British currency remains under pressure from the broader market trend, where the key driver is the movement in crude oil prices. Rising oil prices support the pound against...

On the hourly chart, the GBP/USD pair on Thursday reversed in favor of the British pound and rose toward the resistance level of 1.3437–1.3465. A rebound from this zone will...

The test of the price at 1.3295 occurred when the MACD indicator was just beginning to move upward from the zero mark, confirming a valid entry point...