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. See our updated Privacy Policy here.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Breaking news

UK to Announce Vaccine Passports and WFH Guidance in Move to Plan B

GBPUSD Trades Sideways-20 Day Average Just Below

GBPUSD Trades Sideways-20 Day Average Just Below

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Trades Sideways-20 Day Average Just Below

Prepared by Jamie Saettele, CMT

“The trend is up and dips should be bought. Risk on longs can be moved up to 16100 (Monday’s low). Failure to hold the low would shift focus to former resistance at 16062. The trendline that crosses off of the April 2011 and August 2011 highs is just above 16300.

Ideas: long, stop 16100, target 16310

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