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
Euro Forecast: EUR/USD Topping? EUR/AUD May Rise as EUR/CAD Falls
2020-08-14 00:00:00
US Dollar Forecast: USD Price Action Rangebound – Levels to Watch
2020-08-13 20:00:00
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
Crude Oil Prices Brace for Impact with US-Iran Tensions Brewing
2020-08-14 05:00:00
Crude Oil Prices Brace for Impact with US-Iran Tensions Brewing
2020-08-13 03:00:00
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 Hits Key Resistance, Nikkei 225 Clears its Own. Dax 30 Ranges
2020-08-14 01:00:00
VIX Index Flops as Rotation Trade Sends Stocks & Yields Surging
2020-08-12 20:00:00
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: Selloff Stops at Pandemic Trend Support - Key Levels for XAU/USD
2020-08-13 14:30:00
Gold Prices May Resume Selloff After Digesting Largest Drop in 7 Years
2020-08-13 06:11:00
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 Price Forecast: Cable Bounces, GBP/JPY to 140
2020-08-13 15:12:00
US Dollar Slides Lower - GBPUSD and EURUSD Outlooks
2020-08-13 11:00:00
USD/JPY
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
USD/JPY Price Analysis: Dollar-Yen Shorts Surge, Yields Eyed
2020-08-13 22:15:00
USD/JPY Technical Analysis: Attempting to Buck the Downtrend
2020-08-12 08:30:00
More View more
Real Time News
  • Have you been catching on your @DailyFX podcast "Global Markets Decoded"? Catch up on them now, before new episodes release! https://t.co/Twr44cZ1GB https://t.co/oo0ClrQKLK
  • The Malaysian #Ringgit fell today after Malaysian Q2 GDP contracted -17.1% y/y (vs -10.9% expected) This leaves $USDMYR closer towards facing key resistance above Dominant outlook remains bearish however, check out this week's #ASEAN tech outlook here - https://t.co/yR4bEV3NCe https://t.co/xjPPs3RD5D
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/S9CEcB4urE https://t.co/XhXvSI8ECM
  • 🇯🇵 Tertiary Industry Index MoM (JUN) Actual: 7.9% Previous: -2.1% https://www.dailyfx.com/economic-calendar#2020-08-14
  • Heads Up:🇯🇵 Tertiary Industry Index MoM (JUN) due at 04:30 GMT (15min) Previous: -2.1% https://www.dailyfx.com/economic-calendar#2020-08-14
  • Multiple time frame analysis follows a top down approach when trading and allows traders to gauge the longer-term trend while spotting ideal entries on a smaller time frame chart. Learn how to incorporate multiple time frame analysis here: https://t.co/HnzQcAXWLU https://t.co/nRLUAAEc7t
  • #EURUSD may be forming a Head and Shoulders top on the daily chart. Confirmation on a break of neckline support may open the door for a break toward the 1.15 figure. https://t.co/iXOwXxCEjc
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here: https://t.co/3FsnNdo7VK https://t.co/lC69rPbkcJ
  • $AUDUSD just weakened slightly following disappointing Chinese industrial production and retail sales data What is the Aussie facing over the next 24 hours and heading into next week? #AUD https://www.dailyfx.com/forex/market_alert/2020/08/14/Australian-Dollar-Outlook-Eyes-SP-500-Retail-Sales-After-Chinese-Data.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/b9pmxMkp8o
  • 🇨🇳 Unemployment Rate (JUL) Actual: 5.7% Previous: 5.7% https://www.dailyfx.com/economic-calendar#2020-08-14
FOREX Analysis: GBP/USD Estimated Support is 16066/82

FOREX Analysis: GBP/USD Estimated Support is 16066/82

2013-01-07 00:48:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, FOREX Analysis: GBP/USD Estimated Support is 16066/82

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: Like the EURUSD, the GBPUSD drop also failed to reach trendline support. The weekly JS Spike on GBPUSD and impulsive decline from last week’s high also makes me temper EURUSD bullish expectations. Expect near term support from 16066/82. I wouldn’t think about selling strength until above 16200 (61.8% and former support).

FOREX Trading Strategy: Longs are warranted on weakness below 16082 towards 16200.

LEVELS: 16009 16056 16082 16151 16195 16252

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
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.