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
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
No Respite for Euro as German Ifo Index Misses Expectations
2020-09-24 12:30:00
EUR/USD Rate Takes Out August Low as RSI Tracks Downward Trend
2020-09-24 05:00:00
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 Swing Lower on Demand Concerns, Strong USD
2020-09-24 06:00:00
Crude Oil Prices Weighed by Demand Concerns, Rising US Dollar
2020-09-22 06:00:00
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
News
Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears
2020-09-24 14:01:00
Dow Jones Industrial Average Eyeing 200-DMA as Risk Appetite Abates
2020-09-24 07:00:00
Gold
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
Gold Price Technical Outlook: Triangle Break Leading to Important 1800 Level
2020-09-24 11:00:00
Gold and Silver Vulnerable on Stagnating Stimulus Talks, USD Resurgence
2020-09-24 03:00:00
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 (GBP) Latest: More GBP/USD Weakness Ahead of Sunak Speech
2020-09-24 08:00:00
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD
2020-09-23 18:41:00
USD/JPY
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
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
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: -0.34% Wall Street: -0.40% Germany 30: -0.85% France 40: -1.31% FTSE 100: -1.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/m31LiWOqsh
  • Heads Up:🇩🇪 Bundesbank Wuermeling Speech due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-24
  • what a move in $AUDUSD this week Rising wedge reversal filled in, price action driving towards .7000. So much selling so fast, may need a break before it can take out the big fig https://t.co/RSLLc97o7G https://t.co/XGAkj157hh
  • BoE Governor Bailey says the BoE should have negative rates in toolbox because other countries have demonstrated they can do it
  • BOE Governor Bailey says we have to look at how negative rates will affect the financial system - BBG
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.32% Gold: -0.19% Silver: -1.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Fi1j0nSeXP
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2020-09-24
  • Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/09/24/Dow-Nasdaq-Price-Forecast-Sellers-Continue-to-Drive-Q4-Open-Nears.html https://t.co/6sn4RfUTxX
  • Tune in to @RichDvorakFX 's #webinar at 11:00 AM ET/3:00 PM GMT to learn how to identify trends with trader #sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/EHYC4aIrA3
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 13.9% https://www.dailyfx.com/economic-calendar#2020-09-24
GBP/USD Trades Below NFP Low

GBP/USD Trades Below NFP Low

2014-05-13 19:47:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

GBP/USD Trades Below NFP Low

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“The next possible resistance is 1.6985 then the 2009 high at 1.7042. Cable remains capped by 1.6985 and an unorthodox channel. The trend is higher against 1.6820 although complacency in the market leaves me respecting potential for a downside surprise.”

-GBPUSD traded below the NFP low of 1.6820 today. This level is stacked with former highs and channel support. The decline into this level is impulsive, suggesting a change in the larger trend but not before a rally attempt (watch 1.6900).

LEVELS: 1.6717 1.6762 1.6806 | 1.6842 1.6870 1.6918

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

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