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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • RT @tracyalloway: Yields on the junkiest of junk bonds (CCC-rated) hit another all-time low, coming in at just 5.66%. https://t.co/qGi3ETjG…
  • RT @FxWestwater: Euro Technical Forecast: $EURUSD, $EURAUD, $EURJPY Charts to Watch Link: https://www.dailyfx.com/forex/market_alert/2021/05/12/Euro-Technical-Forecast-EURUSD-EURNZD-EURAUD-Charts-to-Watch.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co/fa6WSjjYpM
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: -0.08% 🇪🇺EUR: -0.10% 🇨🇭CHF: -0.13% 🇯🇵JPY: -0.20% 🇳🇿NZD: -0.31% 🇦🇺AUD: -0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/d3C8KTv536
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.21%, while traders in GBP/USD are at opposite extremes with 68.58%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/shh3jAwo7Z
  • 🇦🇺 Building Permits MoM Final (MAR) Actual: 17.4% Expected: 17.4% Previous: 20.1% https://www.dailyfx.com/economic-calendar#2021-05-12
  • Biden EPA expands fuel waivers to blunt gas shortages - BBG #OOTT $CL_F
  • The US Dollar is still struggling against most ASEAN currencies. USD/SGD remains downside-focused despite recent gains. USD/THB is eyeing a triangle. USD/IDR and USD/PHP may point lower. https://t.co/s3c3Mhvq6F
  • USD/Yuan reference rate set to 6.4258 - BBG $USDCNH
  • South Korea says 664k people have received a 2nd Covid vaccine dose - BBG
  • Heads Up:🇦🇺 Building Permits MoM Final (MAR) due at 01:30 GMT (15min) Expected: 17.4% Previous: 20.1% https://www.dailyfx.com/economic-calendar#2021-05-12
GBPUSD Inside Day-15515 and 15720 Remain Key

GBPUSD Inside Day-15515 and 15720 Remain Key

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Inside Day-15515 and 15720 Remain Key

Prepared by Jamie Saettele, CMT

“The GBPUSD rally has carried price into channel resistance that extends off of the 6/20 and 7/2 highs. Resistance is reinforced by the 7/2 low at 15641 and channel that defines the rally from 15392.” Price is pressing against the channel but has yet to break higher. A more drawn out complex correction into the 100% extension of the 15267-15777 rally at 15900 is would come into focus on a move through 15720. 15516 is now support.

LEVELS: 15460 15516 15580 15720 15777 15900

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

DISCLOSURES