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EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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EUR/USD Outlook: Euro Sentiment Soft Eyes on Fed Meeting
2021-07-26 11:05:00
Weekly Fundamental US Dollar Forecast: When Will Fed Raise Rates or Taper?
2021-07-25 16:00:00
Oil - US Crude
Bullish
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High
of clients are net long.
of clients are net short.
Long Short

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Oil Q3 Technical Forecast
2021-07-26 09:00:00
Crude Oil Price Forecast: Rally Back on Track After Bear Trap
2021-07-23 20:50:00
Wall Street
Mixed
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of clients are net long.
of clients are net short.
Long Short

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Markets Week Ahead: Euro, Dollar, Gold, S&P 500, Fed, Earnings, Inflation
2021-07-26 14:00:00
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
2021-07-25 12:00:00
Gold
Bullish
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of clients are net long.
of clients are net short.
Long Short

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Markets Week Ahead: Euro, Dollar, Gold, S&P 500, Fed, Earnings, Inflation
2021-07-26 14:00:00
Gold Prices May Struggle Despite China Stocks Drop as FOMC Looms
2021-07-26 06:30:00
GBP/USD
Bullish
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of clients are net short.
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British Pound Q3 Technical Forecast: Attractive at Lower Levels
2021-07-26 11:00:00
Weekly Fundamental US Dollar Forecast: When Will Fed Raise Rates or Taper?
2021-07-25 16:00:00
USD/JPY
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of clients are net long.
of clients are net short.
Long Short

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Weekly Fundamental US Dollar Forecast: When Will Fed Raise Rates or Taper?
2021-07-25 16:00:00
USD/JPY Rate Tracks Rebound in US Yields Ahead of Fed Rate Decision
2021-07-23 15:00:00
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GBPUSD May Take a Dive

GBPUSD May Take a Dive

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD May Take a Dive

Prepared by Jamie Saettele, CMT

15800 and 15900 remain levels of interest but I want bring attention to another possibility. That is, wave 2 may be complete with a possible truncation. The implications would be for a sharp decline from below 15777. It makes sense to keep this count handy given bearish implications from the EURUSD pattern (3 waves up, even if part of a larger correction).

LEVELS: 15458 15546 15600 15683 15730 15777

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GBP/USD
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