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

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...
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Analytical expert: Anna Zotova
2024-05-03

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...
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Analytical expert: Miroslaw Bawulski
2024-05-03

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...
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Analytical expert: Jakub Novak
2024-05-03

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...
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Analytical expert: Jakub Novak
2024-05-03

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...
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Analytical expert: Samir Klishi
2024-05-03

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...
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Analytical expert: Jakub Novak
2024-05-03

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...
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Analytical expert: Paolo Greco
2024-05-03

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...
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Analytical expert: Paolo Greco
2024-05-03

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...
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Analytical expert: Laurie Bailey
2024-05-03

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...
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Analytical expert: Chin Zhao
2024-05-02