Never miss a story from Jamie Saettele

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Jamie Saettele

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Daily

eliottWaves_gbp-usd_body_Picture_9.png, GBP/USD Registers Best Daily Close Since November 2009

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-GBPUSD closed at its best level in nearly 5 years today. The line that extends off of the 3/31 and 4/10 highs crosses the November 2009 high tomorrow just shy of 1.6900.

-Upside momentum is pathetic (RSI hasn’t been above 70 since October so this doesn’t even feel like a bull) but respect upside as long as the trendline holds.

LEVELS: 1.6565 1.6660 1.6729 | 1.6822 1.6877 1.6985

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.