Overall weaker dollar has helped to push FX higher during previous weeks, towards 1.36200 price zone. Economic Calendar Volatility may rise of overall data observation regarding United States fundamental data releases trough-out end of August and moving into September. It is worth noting that Jackson Hole Symposium, an international economic conference, will occur during this trading weekend where government representatives, economists, and
GBP/USD has retraced from July Highs towards 1.33750 price zone. Economic Calendar Low near-term volatility may be considered the primary scenario, as no significant deviation from the Bank of England's decision has occurred. Further demand for the U.S. dollar may have a greater impact on the overall valuation of the exchange rate. However, the likelihood of elevated or outsized volatility remains low
Bullish momentum has dominated GBP/USD since the beginning of July, driving the pair to a July high above 1.35200. Economic Calendar Volatility could begin to increase toward the end of the trading week as market participants adjust positions ahead of key event risk. However, the primary catalyst for GBP volatility is likely to be next week's Bank of England (BoE) interest rate
Amid lower overall volatility, GBP/USD is trading around the 1.31650 price zone and has risen above the 1.32440 price zone. Economic Calendar Although the Bank of England's Credit Conditions Survey and Financial Stability Report will be released, overall volatility is expected to remain low in the near term, except in the event of a sudden surge in demand for the U.S. dollar. GBP/USD
GBP/USD experienced increased volatility during the second half of the week, testing the 1.31850 price zone. Economic Calendar Although market volatility remains relatively low in light of recent fundamental releases, next week's U.S. 2-Year Treasury auction and GDP data may increase uncertainty and a rise in volatility across financial markets. GBP/USD Daily chart analysis GBP/USD remains decisively bearish, as the pair continues to
In the begining of current trading week GBP/USD has recovered towards 1.34000. Economic Calendar Towards trading week volatility may rise due to fundamental data releases coming outside United Kingdom, also, market volatility may bring additional volatility in the FX. GBP/USD Daily chart analysis GBP/USD daily chart confirms the bearish momentum observed on the higher timeframe, with price action firmly entrenched in a short-term
FX pair has recovered from the recent lows towards 1.34460 price level. Economic Calendar Continuation of low overall volatility should be considered as a primary scenario for the ongoing trading week. GBP/USD hourly chart analysis GBP/USD features a tight consolidation grid, with the pair stabilizing at 1.34455 as it hovers directly over its critical horizontal pivot floor at 1.34318. This solid baseline has absorbing every bearish probe since the
FX pair saw upside move on Monday, recovering towards 1.34500. Economic Calendar Decrease in overall volatility may be considered as primary scenario however overall risk increase in the market, via bond markets, may increase forward pricing of the FX. GBP/USD hourly chart analysis On the 1-hour GBP/USD chart, the market exhibits a consolidation pattern characterized by low volatility and narrowing range, as
Politically, the current week has been quite uncertain for the UK's current government. Further concerns regarding the UK government's financing have also impacted GBP/USD. Economic Calendar Elevated volatility may be anticipated, as fundamental data releases regarding the health of the UK economy, along with the possibility of the Prime Minister's resignation, could further increase implied volatility. GBP/USD hourly chart analysis The GBP/USD 1-hour
FX pair has slowly moved to the upside reaching 10 weeks high. Economic Calendar Overall, market volatility may increase toward the end of the week, following a series of significant fundamental data releases from the US and UK. Furthermore, the 5-year gilt auction scheduled for May 12th represents a notable opportunity set, contingent upon the market's ability to stabilize and absorb debt more
GBP/USD is experiencing elevated levels of volatility, moving closer to 1.34300. Economic Calendar Volatility may persist throughout the rest of the trading week, taking in consideration of both U.K and U.S treasury market activity. GBP/USD hourly chart analysis GBP/USD has broken out of consolidation and remains in a bullish trend, making higher highs and higher lows. After reaching around 1.3480, price pulled back
GBP/USD remains in a downtrend with intermittent upside volatility, as markets factor in the Middle East conflict and rising inflation risks stemming from higher crude oil prices. Economic Calendar Elevated volatility may persist considering fundamental data releases and UK Treasury market volatility. GBP/USD hourly chart analysis GBP/USD hourly chart shows the pair trading within a broader downtrend, as price remains below the 200-period
The FX pair experienced slight volatility before closing near 1.34850. Economic Calendar Elevated levels of volatility may be considered the primary scenario, driven by BoE rate cut pricing and the Middle East conflict. GBP/USD hourly chart analysis GBP/USD is showing a strong bearish bias after breaking down from its recent consolidation between 1.3450 and 1.3536. The price is trading well below the 50,
GBP/USD saw move to the downside, closing close to 1.34770. Economic Calendar Volatlity may persist for further week in FX pair. GBP/USD hourly chart analysis GBP/USD is in a bearish trend but currently moving sideways in a small pennant or flag pattern. Key levels to watch: resistance at 1.3500 and 1.3530, support at 1.3477 and 1.3436. The price is below SMA 50, 100,
GBP/USD saw move to the downside closing closer to 1.36100. Economic Calendar Elevated volatility may be anticipated, and gross domestic product data from the United Kingdom may play a more significant role in the FX pair's volatility. GBP/USD hourly chart analysis GBP/USD is trading around 1.3662 after recovering from a dip to 1.3512 earlier in the week. It now faces resistance near the
GBP/USD is heavily bearish, with 74.93% of traders holding short positions compared to only 25.07% in long positions. Economic Calendar Volatility may persist throughout the week, considering fundamental data releases from this week. GBP/USD hourly chart analysis GBP/USD is currently in a corrective phase after a strong bullish run, with price caught between key moving averages, signaling consolidation or a potential trend shift.
FX saw moderate volatility levels, closing close to 1.34000. Economic Calendar Continuing previous week trend, moderate volatility levels may be anticipated may be expected due to upcoming data releases from United States and United Kingdom. GBP/USD hourly chart analysis GBP USD shows a bullish recovery following a period of consolidation. After bottoming near the 1.3410 support level on January 10th, the pair has
FX pair saw minor volatility, below closing close 1.34600. Economic Calendar Moderate volatility levels may be anticipated may be expected due to upcoming data releases from United States and United Kingdom. GBP/USD hourly chart analysis GBP USD pair is exhibiting a short-term bullish trend as the price is trading above the rising 50, 100 and 200 Simple Moving Averages. The pair is currently
FX pair moved slightly higher closing just above 1.33700. Economic Calendar Moderate volatility levels may be anticipated may be expected due to upcoming data releases from United States and United Kingdom. GBP/USD hourly chart analysis GBP USD pair is exhibiting a short-term bullish trend as the price is trading above the rising 50, 100 and 200 Simple Moving Averages. The pair is currently
FX pair closed higher, closing close to 1.33225. Economic Calendar Higher levels of volatility may persist through Fed interest rate decision. GBP/USD hourly chart analysis GBP/USD is currently in a corrective phase within a broader bullish trend, characterized by a Golden Cross alignment of moving averages where the 200-period SMA sits well below current price action. The market recently peaked at 1.3374 but
GBP/USD moved to the upside in previous week, closing above 1.32279. Economic Calendar Volatility may persist throughout the week, considering fundamental data releases from this week. GBP/USD hourly chart analysis Pound is currently sliding downwards after hitting a "ceiling" at the 1.3270 level. It has dropped below the red and green average lines, which signals that the immediate energy has drained out of
GBP/USD saw decrease in price in the last month, closing below 1.30931. Economic Calendar Volatility may persist throughout the week, considering fundamental data releases from this week. GBP/USD hourly chart analysis GBP/USD pair is trying to recover after a strong drop, but the overall trend is still bearish. The price is currently moving up slightly, testing a small resistance area around 1.3100–1.3110. If
GBP closed flat comparing against previous week closing above 1.31600. Economic Calendar Elevated levels of volatility may be observed if fundamental data from United Kingdom and United States provide any deviation from estimates. GBP/USD hourly chart analysis The price has achieved several key bullish milestones. Most importantly, it is now trading above all three Simple Moving Averages (50, 100, and 200), indicating that
FX pair moved to the downside, closing at 1.31500 level. Economic Calendar Moderate levels of volatility may be observed if fundamental data from United Kingdom and United States provide any deviation from estimates. GBP/USD hourly chart analysis The GBP/USD hourly chart shows a dominant bearish trend with a short-term bullish correction underway. The overall bias remains bearish, as the 50-SMA is below the