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US Dollar to Rise on Fed Minutes, G20 Summit Amid Ukraine War?
2022-07-06 05:00:00
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Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since May 19 when Gold traded near 1,841.76.
2022-07-06 01:23:00
Gold Price Eyes December Low as RSI Flirts with Oversold Territory
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GBP Breaking News: Rishi Sunak and Sajid Javid Resign from Government as Pressure Mounts on Boris Johnson
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2022-07-05 15:30:00
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
2022-07-05 14:00:00
Crude Oil Price Wobbles as Recession Risk Lowers Yields. Will WTI Resume Up Trend?
2022-07-04 05:00:00
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GBPUSD Fibonacci Objective at 16215

GBPUSD Fibonacci Objective at 16215

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Fibonacci Objective at 16215

Prepared by Jamie Saettele, CMT

“The GBPUSD closed above its parallel channel today but faces resistance from early may pivots into 16100.” 16100 hasn’t done much to thwart bulls to this point and the next level of interest is a Fibonacci extension at 16215. 16033/83 is now support.

LEVELS: 15980 16033 16083 16081 16114 16165

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

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