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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
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EUR/USD Overview – June 3

The EUR/USD pair traded on Tuesday in the same manner as in recent weeks—exhibiting low volatility and a minimal upward tilt. In the current circumstances, it seems unnecessary to analyze which levels were breached and which were not, as 90% of the current movement is pure flat.
by Jay
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GBP/USD Overview – May 29

The GBP/USD currency pair declined moderately throughout Thursday, with volatility even decreasing for the historically active British pound. Yes, the pound is trading in a way that suggests traders can expect profits. However, its activity is also declining.
by Jay