Fundamental analysis is a method of evaluating what is happening on the market right now and might happen in the future on the basis of external events and factors. For the currency market, such factors are news, economic and financial statistics, meetings of global Central banks, and speeches delivered by their representatives. Fundamental approach allows to analyze both short- and long-term perspectives.
29.05.2019
The major currency pair remains under pressure while investors are trying to avoid risks.
28.05.2019
The major currency pair is retreating on Tuesday without any particular reasons.
27.05.2019
GBPUSD was corrected a little bit and stopped moving in anticipation of news.
24.05.2019
GBPUSD stopped falling and updating its yearly lows, but it may be just a short break before a new wave of sales.
23.05.2019
The major currency pair is still “in the red”; investors continue selling the instrument.
22.05.2019
On Wednesday, GBPUSD retreated towards the low it reached on January 4th; investors continue selling the pair.
22.05.2019
The major currency pair remains weak on Wednesday; probably, it may update May’s lows.
21.05.2019
GBPUSD has reached the lowest levels since January 15th; the British currency is getting weaker and weaker.