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
EUR/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
EUR/USD Rates May Extend Slide Lower on Covid-19 Second Wave Fears
2020-09-25 06:30:00
EURUSD and AUDUSD Show Divergent Expectations for Technical Breakdowns
2020-09-25 04:00:00
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
Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending
2020-09-24 19:00:00
Crude Oil Prices Swing Lower on Demand Concerns, Strong USD
2020-09-24 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
Dow Jones Rebounds at 23.6% Fibonacci Level, Nikkei 225, ASX 200 Climb
2020-09-25 02:00:00
Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears
2020-09-24 14:01:00
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
Gold Price Forecast: XAU/USD Plummets, Are the Bulls Done For?
2020-09-25 20:00:00
Gold Price Forecast Sours as Losses Mount
2020-09-24 18:30:00
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
GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near
2020-09-25 16:00:00
British Pound Latest (GBP) - Are the UK and EU Nearing a Brexit Agreement?
2020-09-25 08:30:00
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
Market Sentiment Still Negative Towards EUR/USD, GBP/USD, AUD/USD | Webinar
2020-09-22 12:00:00
USD/JPY IG Client Sentiment: Our data shows traders are now at their most net-long USD/JPY since Mar 08 when USD/JPY traded near 103.93.
2020-09-22 09:23:00
More View more
Real Time News
  • What is the outlook for financial markets ahead of the first presidential debate and how are Democratic nominee Joe Biden and President Donald Trump doing in the polls? Find out from @ZabelinDimitri here:https://t.co/QQwAZTxZFg https://t.co/4cRhRCiv3C
  • The US Dollar could gain as it forms bullish technical formations against the Singapore Dollar and Malaysian Ringgit. USD/PHP may have bottomed, will USD/IDR rise next? Find out from @ddubrovskyFX here:https://t.co/3UIKmbLIvD https://t.co/PY2YyH4vkQ
  • The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could fall further. Get your $USDINR market update from @ddubrovskyFX here:https://t.co/3wsYlSxd26 https://t.co/z2qB9p8IgX
  • A proxy of #EmergingMarket capital flows hit its lowest since July, falling with the #SP500 after some divergence This is as #USD gained against its developing FX counterparts, highlighting potential risk of a spillover outwards Stay tuned for next week's #ASEAN fundy outlook! https://t.co/kAvpnb0EXO
  • 4 consecutive down weeks for the #SP500, last matched over a year ago #Fed balance sheet continues to gain very cautiously, now at its highest since the middle of June. Still, at slower pace than last week Focus shifts to US fiscal stimulus next week in the House of Reps https://t.co/f8zpSILm86
  • #Gold prices have broken lower and while the broader technical structure is constructive, the risk remains for a deeper correction before resumption. Get your $XAUUSD technical analysis from @MBForex here: https://t.co/7p3jPx6nQd https://t.co/nnCSdt6OV5
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.00% 🇳🇿NZD: -0.02% 🇯🇵JPY: -0.15% 🇨🇭CHF: -0.23% 🇦🇺AUD: -0.25% 🇪🇺EUR: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/O8Qb7OHZza
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.30% Gold: -0.33% Silver: -0.92% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/lEALo4Z1M9
  • The S&P 500 breakdown is testing the first major zone of support and we’re looking for a reaction. Get your S&P500 technical analysis from @MBForex here:https://t.co/JrTNmQ5c7g https://t.co/D79T1134P9
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.29%, while traders in EUR/GBP are at opposite extremes with 65.04%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/lzTHuIgzFQ
GBPUSD Daily Range is Smallest Since June 2007

GBPUSD Daily Range is Smallest Since June 2007

2012-08-20 20:52:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Daily Range is Smallest Since June 2007

Prepared by Jamie Saettele, CMT

The scenario that we have focused on in recent days remains valid as long as price is below 15777. That is, the rally from 15267 may be complete with the second half of the corrective rally truncated. Confidence has been low as truncations are rare and is even lower now with price just 70 pips below the key level. Exceeding 15777 would shift focus to the Fibonacci confluence at 15900 (61.8% retracement and 100% extension of the 15267-15777 rally) and the channel line closer to 16000 in the coming weeks.

LEVELS: 15577 15635 15674 15777 15850 15900

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