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.
GBPUSD plummeted yesterday after the United Kingdom published some statistics and is still retreating.
EURUSD plunged on Thursday; the “greenback” managed to recover some of its losses.
GBPUSD is falling after finishing its rally, the statistics turned out to be rather mixed.
EURUSD is correcting and moving away from its 3-month highs.
GBPUSD has reached the highest level since February 25th and is looking quite confident.
EURUSD is steadily trading close to its 10-week highs and waiting for the news.
EURUSD is consolidating after reaching its 10-week highs.
GBPUSD barely responded to the results of another BoE meeting.