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
EUR/USD
Bearish
Oil - US Crude
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
Wall Street
Mixed
Gold
Bullish
GBP/USD
Mixed
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
More View more
Real Time News
  • AUD/USD price action attempts to advance but struggles to maintain a bid more broadly. Get your $AUDUSD market update from @RichDvorakFX here: https://t.co/6zZz0cP2os https://t.co/WU5Hc2Jos2
  • 🇰🇷 Consumer Confidence (OCT) Actual: 91.6 Previous: 79.4 https://www.dailyfx.com/economic-calendar#2020-10-27
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.44% 🇯🇵JPY: 0.40% 🇨🇦CAD: 0.20% 🇦🇺AUD: 0.08% 🇨🇭CHF: -0.10% 🇪🇺EUR: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GTC0ZxZF92
  • Heads Up:🇰🇷 Consumer Confidence (OCT) due at 21:00 GMT (15min) Previous: 79.4 https://www.dailyfx.com/economic-calendar#2020-10-27
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 0.59% Gold: 0.26% Oil - US Crude: -1.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/XIGKv3ba3L
  • We've gotten here: as of today, it is one week until the #PresidentialElection2020. BUT the situation is incredibly fluid with Covid-19. With this in mind, do you think the election process itself - distribution, counting, etc - will be prolonged?
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.81%, while traders in EUR/USD are at opposite extremes with 70.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/rFFh3X4MVR
  • Are #stocks readying for a major turn? It’s still too early to say, and the S&P 500 is grasping on to a bullish continuation pattern that remains. Get your S&P500 technical analysis from @JStanleyFX here:https://t.co/Ipm3PAzX1B https://t.co/RW6rnseGTf
  • Microsoft Earnings: Revenue: $37.15B vs $35.75B exp EPS: $1.82 vs $1.55 est $MSFT shares creep just 0.3% higher in after-hours trading
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.04% US 500: 0.03% FTSE 100: -0.26% Germany 30: -0.46% France 40: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/BB0qWcl7fS
GBP/USD is Bearish Below 1.6900

GBP/USD is Bearish Below 1.6900

2014-06-03 20:33:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

GBP/USD is Bearish Below 1.6900

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-GBPUSD broke the line that extends off of the November and February lows. The development is the clearest signal yet that an important top is in place.

-Former support near 1.6760 has responded as resistance. 1.6650/60 is support for a bounce with stronger support probably at 1.6550/65.

LEVELS: 1.6655 1.6683 1.6716 | 1.6763 1.6800 1.6815

--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