Forex Analysis
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GBP/USD Review – August 17

The GBP/USD currency pair also showed an upward movement on Friday, which aligns with the current geopolitical, fundamental, macroeconomic, and technical picture. Simply put, the pound sterling is rising entirely justifiably, even though there are no local reasons for such movement.
by Jay
Forex Analysis
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EUR/USD Review – August 17

The EUR/USD currency pair unexpectedly soared on Friday. However, it cannot be said that volatility was off the charts that day; rather, it was only 60 pips, which is quite ordinary. Nonetheless, in comparison with the previous four days, 60 pips is considerable.
by Jay
Forex Analysis
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GBP/USD Review – August 14

The GBP/USD currency pair traded again with low volatility on Thursday, which is absolutely unsurprising. Over the past eight days, total volatility exceeded 57 pips only once. Recall that for the pound sterling, 60 pips of volatility are roughly the same as 40 for the euro.
by Jay
Forex Analysis
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EUR/USD Review – August 14

The EUR/USD currency pair showed no notable movement on Thursday (as was the case on Wednesday, Tuesday, or Monday). It is enough to glance at the chart below to see that volatility remains low and the market is practically not reacting to what is happening in the world and the economy.
by Jay
Forex Analysis
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GBP/USD Review – August 13

The GBP/USD currency pair continued its upward movement on Wednesday. This time the reason for the US currency's decline was a rather bland US inflation report. Bland, but no less significant for that. Experts correctly guessed the July inflation figure, so the market reaction was not as strong as it could have been.
by Jay