FX.co ★ Analytics GBPUSD | British Pound (GBP) to US Dollar (USD) Rate in the Forex market
Analysis News
USD experiences day X
The expected non-farm payrolls data may show that the US economy created 243k new jobs last month. This number is significantly lower than the 303k jobs added in March, which...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
GBP/USD: trading plan for the US session on May 3rd (analysis of morning deals). The pound is preparing to get out of the side channel
In my morning forecast, I focused on the level of 1.2565 and planned to make decisions regarding market entry based on it. Let's take a look at the 5-minute chart...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
EUR and GBP may drop
Today, there may be a turning point in the market, which everyone has been expecting since the meeting of the Federal Reserve. It is all about the fact that today...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
GBP/USD: Simple trading tips for novice traders for May 3rd (US session)
Trade analysis and advice on trading the British pound The test of the price at 1.2560 in the first half of the day coincided with the moment when the MACD...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
GBP/USD. May 3rd. Bears are counting on a strong US labor market
On the hourly chart, the GBP/USD pair executed a new reversal in favor of the British pound on Thursday. They resumed the upward movement towards the 38.2% Fibonacci retracement level...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
GBP/USD: trading tips for beginners for European session on May 3
The price test of 1.2506 in the afternoon occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
Key events on May 3: fundamental analysis for beginners
For Friday, the lineup of macroeconomic events is quite considerable. Let us start with the US reports as they can be crucial for the US dollar. In recent weeks...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
Trading plan for GBP/USD on May 3. Simple tips for beginners
Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair also tried to initiate a downward movement on Thursday after the price consolidated below the ascending trend line...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
Forecast for GBP/USD on May 3, 2024
GBP/USD The British pound remains focused on achieving a 50% correction from the decline between March 8th and April 22nd. This correction coincides with the target level of 1.2596. Pressure...
Relevance until2024-05-04
Analytical expert:
2024-05-03
Forex Analysis
Analysis of GBP/USD pair on May 2nd. The final chord for the dollar
The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the Fibonacci level of 50.0% indicated the market's readiness to build a downward wave...
Relevance until2024-05-03
Analytical expert:
2024-05-02