Skip to content
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
More View more
GBP/USD Mid-1.2500s is Marked as Point of Interest

GBP/USD Mid-1.2500s is Marked as Point of Interest

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The most recent GBP/USD daily update noted that “the drop from the December high is unfolding as an impulse (5 waves). The implication is that an interim low and rally attempt is due soon.” Cable has turned up and focus is on the September-December line, which intersects the early December low at 1.2549 over the next few days.

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

DISCLOSURES