Forex analysis review

The GBP/USD currency pair experienced a slight correction on Monday, but overall it did not show any notable movement (as expected). We noted the day before that the Monday events calendar was empty, meaning traders had nothing to react to throughout the day. Of course, there were some news items, but none suggested a significant change in the value of the dollar or th...

The EUR/USD currency pair showed no interesting movements on Monday. At the end of last week, the European currency began a correction, which may continue this week. Overall, the last upward movement totaled exactly 400 points, so a technical correction is certainly justified. Please note that the correction may take some time. For example, the last correction visible ...

The GBP/USD pair showed no notable movement on Monday and even declined, continuing its downward correction. At the end of last week, the price bounced off the area of 1.3671-1.3681, suggesting a downward correction. The lack of significant macroeconomic data and fundamental events in the first half of the week may lead the British pound to conti...

The EUR/USD currency pair on Monday showed only one thing—an absolute unwillingness to move. Formally, the downward correction that began at the end of last week continued. However, volatility was minimal, and throughout the day, there were no significant macroeconomic publications or fundamental events. All we can note is the escalating geopolit...

The past week delivered a mix of conflicting signals for the British pound. The labor market is weakening, inflation is accelerating, and retail sales are disappointing—seemingly a recipe for currency pressure. However, the pound not only held its ground but also reached six-month highs against the dollar. This paradox can be explained: the movement was driven not by the poun...