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
EUR/USD Rate Forecast: Euro Rebound Emerges After Defending 2021 Low
2021-03-02 19:30:00
Euro Forecast: EUR/USD Struggling to Keep Hold of 1.2000 as the US Dollar Pullback Continues
2021-03-02 10:10:00
Oil - US Crude
Bearish
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 Prices at Risk, Crude Oil Sinks But Broader Uptrend Remains Intact
2021-03-02 07:30:00
Oil Price Outlook Mired by RSI Sell Signal Ahead of OPEC JMMC Meeting
2021-03-01 20:00:00
Wall Street
Bearish
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
Why a Rise in Retail Trading May Signal Another Mania
2021-03-01 06:00:00
Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Feb 01, 2021 when Wall Street traded near 30,246.40.
2021-03-01 00:23:00
Gold
Bearish
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
Market Positioning Data Show Retail Traders Long Silver and Gold | Webinar
2021-03-02 13:30:00
Gold Price Forecast: Gold Bulls Last Line of Defence
2021-03-02 12:00:00
GBP/USD
Bearish
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
British Pound Forecast: Sterling Snaps Six Week Rally- Cable Support?
2021-03-02 17:00:00
British Pound (GBP) Latest: GBP/USD to Extend Near-Term Downtrend
2021-03-02 09:00:00
USD/JPY
Bullish
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
Japanese Yen Outlook: USD/JPY Bull Run Faces Stern Resistance
2021-03-02 15:00:00
USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Feb 09, 2021 when USD/JPY traded near 104.58.
2021-03-02 11:23:00
More View more
Real Time News
  • AUD/USD on the rise prior to Australia's Q4 GDP print $AUDUSD https://t.co/2lgNJYkbWV
  • Commodities Update: As of 19:00, these are your best and worst performers based on the London trading schedule: Gold: 0.58% Silver: 0.51% Oil - US Crude: 0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/bRXxRZST1Z
  • US Senate Majority Leader Chuck Schumer says there are enough votes needed to pass President Joe Biden's $1.9-trillion stimulus bill. $SPX $NDX $DJI $RUT
  • OPEC+ members reportedly said to cool down oil market with increased production. WTI crude oil prices down nearly -6% from last week's high, currently hovering around $60/bbl. $CL_F $USO #OOTT https://t.co/mvATw1o4Ws
  • OPEC+ set to cool oil market with increased production - BBG
  • Fed's Brainard: -A persistent tightening of financial conditions would be a concern -Will continue to watch market developments carefully $TNX $TLT $AGG $LQD $TIP
  • Fed's Daly -Encouraged by inflation compensation rising to 2% -Don't see runaway inflation as imminent risk -Inflations reacts less now to employment, output changes -Must not let memories of high inflation dictate policy -Will be accommodative for some time to reach goals $USD
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.63%, while traders in Germany 30 are at opposite extremes with 71.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/8c6QbKvV0R
  • Indices Update: As of 19:00, these are your best and worst performers based on the London trading schedule: France 40: 0.24% FTSE 100: 0.22% Germany 30: 0.16% Wall Street: 0.10% US 500: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/sOcGz4EkJX
  • Heads Up:🇺🇸 Fed Daly Speech due at 19:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-03-02
GBPUSD Makes a Run at March Low

GBPUSD Makes a Run at March Low

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Makes a Run at March Low

Prepared by Jamie Saettele, CMT

The GBPUSD has entered a zone that was congestion in March (15601-15746). A zone that was previously congestion will likely provoke reactions again. In other words, this is a good place for the GBPUSD to find a near term low. Monday’s high (15716) serves as the pivot. The EURUSD commentary regarding news events is applicable.

LEVELS: 15500 15600 15720 15780 15850

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

DISCLOSURES

Related Articles

GBP/USD Elliott Wave Analysis: Bullish Wave 3 Could Carry to 1.35
GBP/USD Elliott Wave Analysis: Bullish Wave 3 Could Carry to 1.35
2019-05-24 19:04:00
GBPUSD Elliott Wave Analysis: Seeking Larger Impulse Waves
GBPUSD Elliott Wave Analysis: Seeking Larger Impulse Waves
2018-11-12 17:55:00
GBP/USD Approaching Important Technical Level Near 1.34
GBP/USD Approaching Important Technical Level Near 1.34
2017-11-28 01:12:00
GBP/USD Hanging Over the Edge of a Cliff
GBP/USD Hanging Over the Edge of a Cliff
2017-11-14 04:26:00
Advertisement

Rates

GBP/USD
Bearish