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GBP/USD Overview – June 10

The GBP/USD currency pair also traded higher on Tuesday despite the lack of significant geopolitical, macroeconomic, and fundamental events. Secondary reports from Germany and the U.S. failed to prompt a rise in the pair, partly because they were not particularly positive for the euro and the pound.
by Jay
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EUR/USD Overview – June 10

The EUR/USD currency pair traded higher on Tuesday, suggesting the range has resumed. How is this possible if the pair left a three-week sideways channel on Friday? It is possible, but with some nuances that should be understood.
by Jay
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GBP/USD Overview – June 4

The GBP/USD currency pair continued to trade with low volatility on Wednesday. Macroeconomic data again had little to no impact on the pair's movement, which is not surprising—this is the trend we have observed for three consecutive months.
by Jay
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GBP/USD Overview – June 3

The GBP/USD currency pair traded on Tuesday with low volatility, similar to the previous two weeks. As we analyzed in the EUR/USD article, there are no compelling reasons for the market to either sell or buy at this time.
by Jay