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
Bullish
Wall Street
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
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • 🇩🇪 Inflation Rate MoM Prel (JAN) Actual: 0.8% Expected: 0.4% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇩🇪 Inflation Rate YoY Prel (JAN) Actual: 1.0% Expected: 0.7% Previous: -0.3% https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:🇩🇪 Inflation Rate MoM Prel (JAN) due at 13:00 GMT (15min) Expected: 0.4% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:🇩🇪 Inflation Rate YoY Prel (JAN) due at 13:00 GMT (15min) Expected: 0.7% Previous: -0.3% https://www.dailyfx.com/economic-calendar#2021-01-28
  • A forex trader is strategic, disciplined and always switched on to the markets. Learn how to build an FX mindset here: https://t.co/tB3aAErd70 https://t.co/YVwBx3dOSb
  • 🇧🇷 Unemployment Rate (NOV) Actual: 14.1% Expected: 14% Previous: 14.3% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇲🇽 Balance of Trade (DEC) Actual: $4.154B Expected: $4.6B Previous: $3.032B https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇲🇽 Balance of Trade (DEC) Actual: $6.262B Expected: $4.6B Previous: $3.032B https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇧🇷 Unemployment Rate (NOV) Actual: 14.1 Expected: 14% Previous: 14.3% https://www.dailyfx.com/economic-calendar#2021-01-28
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in GBP/JPY are at opposite extremes with 66.07%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/dE1MfFPnS8
GBP/USD 20 Day Average Figures to See Action in March

GBP/USD 20 Day Average Figures to See Action in March

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBP/USD 20 Day Average Figures to See Action in March

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: “The GBPUSD opened lower Sunday night but the open proved to be the low! That alone is constructive but the level that produced the low (15071) is in ‘no man’s land’. The longer term trend is probably down towards the 2009 low at 13500 but a rally back to 15320 or even 15400 would fit within the confines of a normal corrective advance. I’m unsure of that rally comes from here or from 14950 (channel and pivot from July 2010).” The 20 day average has been respected since mid-January. The average along with the 5x5 trendline (blue) may be of interest in March.

FOREX Trading Strategy: Enough evidence to go long now with a stop under Sunday’s low. Target is 15400. Consider GBPAUD as well.

LEVELS: 14885 14947 15070 15270 15320 15415

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

DISCLOSURES