News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
2021-04-20 15:40:00
Euro Outlook - EUR/USD Breakout But Sustained Rally May Prove Difficult
2021-04-20 09:13:00
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill
2021-04-20 16:20:00
Crude Oil Prices Look to US Inventory Data for Diretion
2021-04-20 06:00:00
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
What is Earnings Season & What to Look for in Earnings Reports?
2021-04-20 12:00:00
Dow Jones, S&P 500, Nasdaq 100 Forecast: Q1 Earnings Take Centre-Stage
2021-04-20 07:00:00
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Gold Price Outlook: Gold Breakout Stalls at Trend Resistance
2021-04-20 15:30:00
Market Sentiment Webinar: Bitcoin, Ethereum, Dogecoin and Gold in Focus
2021-04-20 11:30:00
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
2021-04-20 15:40:00
Pound Technical Forecast: GBP/USD, What to Watch Following Big Pop
2021-04-20 12:30:00
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Dollar Breaks USDJPY and GBPUSD Technical Barriers, Earnings and Dogecoin on Deck
2021-04-20 03:30:00
Technical Levels for US Dollar, EUR/USD, GBP/USD, AUD/USD, Gold & SPX
2021-04-19 14:46:00
More View more
Real Time News
  • $EURCAD has continued to strengthen today, rising from below 1.5100 by over 50 pips to currently trade above 1.5150, at a six week high. $EUR $CAD https://t.co/sSlYtGCF4r
  • After rising back above the 1.60% level to a high around 1.63% earlier today, US 10yr Treasury yields have moved back lower. They are now trading around an intraday low of 1.56%. $USD https://t.co/5hQglZl4fU
  • Discord has walked away from sale talks with $MSFT now eyeing potential IPO
  • here we go, webinar starting right now 1) USD Q2 Weakness 2) Gold brewing bullish potential? 3) Stonks through initial earnings outlays https://www.dailyfx.com/webinars/643096611 https://t.co/ZzY8QuoCko
  • The Euro has slipped to an intraday low amidst the German Greens surging to a lead over Merkel's CDU in a new poll. $EUR $USD https://t.co/gfvNseRNvc
  • $USDCAD has strengthened today, rising to a one week high near the 1.2600 level. The Canadian Dollar has suffered amidst a drop in oil prices and extended travel restrictions. $USD $CAD https://t.co/O2z7grrFYi
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/RVkYfiOzPq
  • In line with the general risk-off sentiment, oil prices have come under notable selling pressure with both Brent and WTI crude futures falling 2-2.5%. Get your #crudeoil market update from @JMcQueenFX here:https://t.co/K0zJL8BFj1 https://t.co/wMn3kNFhwC
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Gold: 0.49% Silver: 0.42% Oil - US Crude: -1.41% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/CqYIho6z47
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.08% 🇯🇵JPY: 0.07% 🇪🇺EUR: 0.04% 🇦🇺AUD: -0.17% 🇬🇧GBP: -0.23% 🇨🇦CAD: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GC3sr4bk5B
Forex Analysis: GBP/USD Mounts Rebound from 1.60

Forex Analysis: GBP/USD Mounts Rebound from 1.60

Ilya Spivak, Head Strategist, APAC

Strategy: Flat

Prices are testing horizontal pivot resistance at 1.6177. A break above that aims for a channel top at 1.6226, followed by the 1.63 figure. Major support is at a trend line set from the June 1 bottom (now at 1.6004), with a drop below that targeting swing lows at 1.5913 and 1.5822. Positioning doesn’t offer an actionable trade setup at the moment and we will remain on the sidelines.

Forex_Analysis_GBPUSD_Mounts_Rebound_from_1.60_body_Picture_1.png, Forex Analysis: GBP/USD Mounts Rebound from 1.60

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

Related Articles

GBP/USD Candlestick Analysis: Rebound Begins as Expected
GBP/USD Candlestick Analysis: Rebound Begins as Expected
2015-04-28 05:53:00
GBP/USD Candlestick Analysis: Bottom Set Above 1.45 Figure?
GBP/USD Candlestick Analysis: Bottom Set Above 1.45 Figure?
2015-04-21 03:27:00
GBP/USD Candlestick Analysis: Standstill Sub-1.55 Continues
GBP/USD Candlestick Analysis: Standstill Sub-1.55 Continues
2015-03-02 09:06:00
GBP/USD Candlestick Analysis: Rebound Pauses Below 1.55
GBP/USD Candlestick Analysis: Rebound Pauses Below 1.55
2015-02-23 05:26:00
Advertisement

Rates

GBP/USD
Mixed