gbp-usd
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- Nov, 20 British Pound / US Dollar
- Nov, 19 British Pound / US Dollar
- Nov, 18 British Pound / US Dollar
- Nov, 17 British Pound / US Dollar
- Nov, 16 British Pound / US Dollar
- Nov, 13 British Pound Holding Support Line
- Nov, 12 British Pound / US Dollar
- Nov, 11 British Pound / US Dollar
- Nov, 10 British Pound / US Dollar
- Nov, 09 British Pound / US Dollar
- Nov, 05 British Pound / US Dollar
- Nov, 04 British Pound / US Dollar
- Nov, 03 British Pound / US Dollar
- Oct, 30 British Pound / US Dollar
- Oct, 29 British Pound / US Dollar
- Oct, 28 British Pound / US Dollar
- Oct, 27 British Pound / US Dollar
- Oct, 26 British Pound / US Dollar
- Oct, 23 British Pound / US Dollar
- Oct, 22 British Pound / US Dollar
No change from yesterday – “The GBPUSD has been in a consolidation mode since late May. Price has traded in a wide 1300 pip range since then but most of the trading has taken place in roughly the 1.6000-1.6600 zone. The consolidation could be corrective (continuation of strength) or distributive (reversal of strength). Strategically, it is best to play the range for now. Favor the downside with price below 1.6700/50.”
Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.
DailyFX provides forex news on the economic reports and political events that influence the currency market.
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