GBP/USD Sell-off Approaching Key Support Targets

GBP/USD Sell-off Approaching Key Support Targets

The decline off the yearly / monthly high is nearing technical support just lower. Here are the updated targets & invalidation levels that matter ahead of Jackson Hole.
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Equities Turn Lower Ahead of Jackson Hole

Meanwhile, the British Pound hit an eight-year low versus the Euro today.
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Are Global Equities Nearing Correction as QT Comes Closer to Reality?

US Dollar Off the Lows, but Has Yet to Bottom

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Equities Turn Lower Ahead of Jackson Hole

US Dollar Off the Lows, but Has Yet to Bottom

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Analyst Picks

Jeremy Wagner, CEWA-M

Jeremy Wagner, CEWA-M   

Head Forex Trading Instructor

Currency Pair:  Long USDCAD
Expertise Elliott Wave, Technical Analysis
Average Timeframe of Trade 2 days - 2 weeks
David Song

David Song   

Currency Analyst

Currency Pair:  Bullish EUR/USD
Expertise Fundamental and Technical
Average Timeframe of Trade 2 - 10 Days

Technical Analysis

DAX – Shape-shifting, but Outlook Remains Bearish

The DAX has gone nowhere the past month after triggering a bearish topping formation; new pattern coming into view, same level of resistance keep market held down.
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AUD/USD Technical Analysis: Struggling to Build on Upside Break


EUR/USD: Levels to Know for Jackson Hole


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Education

Michael Boutros
Currency Strategist
An introduction to Fibonacci & RSI in the third installment of this new bi-weekly webinar series on the Foundations of Technical Analysis.
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James Stanley
Currency Strategist
There are numerous ways to identify support and resistance levels in the Forex market, and in this article series we're going to look at thr...Continue Reading

Sentiment


Data updated in real-time.
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EUR/USD 
USD/JPY 
GBP/USD 
AUD/USD 
XAU/USD 
SPX500 

Central Bank Rates

Currency Central Bank Rate
   aud
1.50%
   nzd
1.75%
   eur
0.00%
   cad
0.75%
   gbp
0.25%
   usd
1.25%
   chf
-0.75%
   jpy
-0.10%

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