Forex Analysis
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GBP/USD Review – July 2

The GBP/USD currency pair maintained an upward bias on Wednesday but traded with low volatility, ignoring all available events. It is important to start with the speech of Bank of England Governor Andrew Bailey, while other events will be covered in subsequent articles.
by Jay
Forex Analysis
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EUR/USD Review – July 2

The EUR/USD currency pair continued to trade near its "bottom" on Wednesday, remaining in a downward trend for two consecutive months while preserving a global upward trend. As is often the case, the market ignored all macroeconomic releases of the day, and market volatility again remained weak.
by Jay
Forex Analysis
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GBP/USD Review – July 1

The GBP/USD currency pair also traded lower on Tuesday. It might be tempting to attribute this to another complication in the negotiation process between Iran and the US, but the dollar has been steadily rising for two months, with the last two weeks raising the most questions.
by Jay
Forex Analysis
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EUR/USD Review – July 1

The EUR/USD currency pair opened Tuesday with another drop. This decline was brief this time, but the euro once again failed to move upward. It is worth noting that the downward trend has been ongoing for two months and is part of a global upward trend that has persisted for four years.
by Jay
Forex Analysis
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GBP/USD Review – June 30

The GBP/USD currency pair attempted to bounce back from the "bottom" on Monday but was unsuccessful again. There were no significant events yesterday in the US or the UK, and the market has long ceased to react to geopolitical issues.
by Jay