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
Mixed
Oil - US Crude
Mixed
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
  • Heads Up:💶 Industrial Sentiment (JAN) due at 10:00 GMT (15min) Expected: -7.2 Previous: -7.2 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:💶 Consumer Confidence Final (JAN) due at 10:00 GMT (15min) Expected: -15.5 Previous: -13.9 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:💶 Economic Sentiment (JAN) due at 10:00 GMT (15min) Expected: 89.5 Previous: 90.4 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Is it really a retail-driven short squeeze that's at the heart of this market rout? Let's just say I'm dubious... More here: US Dollar Aims Higher as Liquidation Sweeps Global Stock Markets - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/01/28/US-Dollar-Aims-Higher-as-Liquidation-Sweeps-Global-Stock-Markets-.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #Gamestop #Dollar #StockMarket https://t.co/ngmBEYpp8p
  • Break of range support at 0.768 - 0.7640 has propelled $AUDUSD to its lowest levels since late 2020, with the RSI registering its first intraday oversold readings since October. Symmetrical Triangle measured move suggests price could be poised to challenge the 0.7500 mark https://t.co/xuuW7NFy48 https://t.co/KisfWhYKzM
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here: https://t.co/dWaWQ0MK1V https://t.co/OoHOJCWtdl
  • 🇮🇹 Business Confidence (JAN) Actual: 95.1 Expected: 95.6 Previous: 96.0 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Consumer Confidence (JAN) Actual: 100.7 Expected: 100.5 Previous: 101.1 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Business Confidence (JAN) Actual: 95.1 Expected: 95.6 Previous: 95.9 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Consumer Confidence (JAN) Actual: 100.7 Expected: 100.5 Previous: 102.4 https://www.dailyfx.com/economic-calendar#2021-01-28
GBP/USD Rally Stalls Before Year Open Gap

GBP/USD Rally Stalls Before Year Open Gap

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

GBP/USD Rally Stalls Before Year Open Gap

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“A period of congestion may be in order as price has bounced from near the 50% retracement of the advance from the 2013 low but the drop under 1.6050 produces a pivot high on 9/19 and allows one to draw a downward sloping channel. The channel is now in focus as resistance…GBPUSD turned lower from mentioned channel resistance. Look lower as long as price is under 1.5825.”

-GBPUSD is at a major level in 1.51. Failure to find support here would open up the 2013 low at 1.4812. The gap at 1.5325 could still be of the breakaway variety as the rally stalled prior to the level.

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

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

DISCLOSURES