The pound, which had long resisted the pressure of the dollar, finally gave way, leading to a sharp price drop without much resistance. However, this development was quite expected. Based on the unfolding wave scenario,...

The last trading day of the past week went exactly as expected. Buyers lacked the strength for further recovery after a sharp decline, which led to a swift return of the rate to the previously...

The dollar was unable to continue its strengthening. The 61.8% Fibonacci retracement level appears to act as an insurmountable barrier for the price. Thus, the assumption of a sustained impulsive decline is highly likely to...

The ongoing vote count in the presidential election is also affecting the situation in the GBP/USD trading pair. An attempt by buyers to break beyond the previously formed [c] wave in the ending diagonal triangle...

The trading week ended unsuccessfully for buyers. An attempt to rise was sharply halted, and the price moved downward. It seemed that the new trading week would begin with a continuation of the downward movement....