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. See our updated Privacy Policy here.

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
GBP/USD
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
More View more
Real Time News
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here: https://t.co/rz7fqi8ZEe https://t.co/xRvmfd2jiJ
  • PBoC will also strengthen management of information on internet about cryptocurrencies
  • PBoC issues notice to further prevent and dispose of risks from Cryptocurrency speculation and will strengthen monitoring of risks from Crypto trading Adds that cryptocurrency-related activities are illegal
  • China State Planner says they will not allow financial support for new Crypto mining projects or allow these projects to participate in electricity markets
  • China State Planner issues notice on crackdown on Cryptocurrency mining
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfIZNKr https://t.co/GMN6Vs857w
  • 🇩🇪 Ifo Business Climate (SEP) Actual: 98.8 Expected: 98.9 Previous: 99.6 https://www.dailyfx.com/economic-calendar#2021-09-24
  • 🇮🇹 Consumer Confidence (SEP) Actual: 119.6 Expected: 115.8 Previous: 116.2 https://www.dailyfx.com/economic-calendar#2021-09-24
  • 🇮🇹 Business Confidence (SEP) Actual: 113 Expected: 112.6 Previous: 113.2 https://www.dailyfx.com/economic-calendar#2021-09-24
  • 🇩🇪 Ifo Business Climate (SEP) Actual: 98.8 Expected: 98.9 Previous: 99.4 https://www.dailyfx.com/economic-calendar#2021-09-24
GBP/USD Key Reversal; Correction Nigh?

GBP/USD Key Reversal; Correction Nigh?

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

GBP/USD Key Reversal; Correction Nigh?

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“GBPUSD has dropped under the May low, reached the 200 day average, and is working on its 6th consecutive weekly decline for the first time since June 2010. It’s been well-documented that extremely high volume tends to occur near or at a market turn but extremely high volume has also ‘kicked-off’ a number of moves, including 8/7/2013. While this is a level to expect a reaction (bounce), price action over the next few days ideally casts its vote for reversal or continuation.” The near term line in the sand can be moved down to 1.6737.

--Tradingideas are availabletoJ.S. Trade Desk members.

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

DISCLOSURES