Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store


Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

GBP: long-term outlook

GBP: long-term outlook

Information is not investment advice

Technically, the GBP hasn’t moved much from the zone it has been in since 2018. Against the USD, the British pound has been in a zig-zag-shaped larger trend for the last 1.5 years, capped by 1.3340 and supported by 1.2070. Currently, it is in the middle of that channel experiencing an increasing bearish gravity. EUR/GBP, on the other hand, looks more stable and concentrated in a larger channel capped by 0.9050 and supported by 0.8660 for the last 3 years. Disturbances in the Eurozone are the main factor holding this currency from lifting upwards. The GBP definitely has a tough year ahead, hence the downward forces pressing on the GBP/USD and the upward forces pushing the EUR/GBP will be constantly testing further limits in the respective directions.

Fundamentally, the latest reports say that the UK economy shrank 20% during April bringing it back to 2002 state and seeing a plunge in the output of 11%. Altogether, that makes observers expect full recovery to pre-virus state not earlier than in 2022. From a human point of view, that’s a hard pill to swallow. Form a trader’s point of view, that gives clarity to the fundamental background you operate in. Set your farthest targets accordingly.


                                                                                                  LOG IN



Will the FOMC Surprise the Markets?

The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.

Will USDJPY slide lower in 2023?

Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at the start of 2023, the speculations over the destiny of BOJ’s yield control policy grabbed the attention of the Japanese assets in the middle of January. What lies ahead for traders of the Japanese yen?

Choose your payment system

Feel the Team Spirit


Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later