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.

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
Oil - US Crude
Bearish
Wall Street
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
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
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • The $USD may return to the offensive as markets flee to cash amid fears of deep global recession thanks to the still-raging #coronavirus outbreak. Get your US Dollar update from @IlyaSpivak here: https://t.co/g1us4ZbYR5 https://t.co/tLFeaAwRqE
  • US Dollar Forecast - via @DailyFX: As the $USD stabilizes into month and quarter end, which follows a flareup in #FX volatility amid the #coronavirus pandemic, where might $DXY, $AUDUSD & $GBPUSD head next? Find Out: https://www.dailyfx.com/forex/fundamental/us_dollar_index/usd_trading_today/2020/03/31/us-dollar-forecast-dxy-index-audusd-gbpusd-price-analysis.html #Forex #Trading #Analysis https://t.co/QtFN12ZSkM
  • Join @ddubrovskyFX 's #webinar at 8:00 PM ET/12:00 AM GMT to find out what information you can gain from knowing what other traders are buying or selling. Register here: https://t.co/Bb3CTCTm44 https://t.co/14EYRSUsUU
  • US President Donald Trump said he has had fruitful discussions with Saudi Arabia and Russia on oil prices and efforts towards combatting the #coronavirus - First Squawk #OOTT
  • South Korean daily exports may show negative growth - Finance Chief (BBG) #KRW
  • President Donald Trump says he has not done anything on tariff payment deferments and that he has not been presented a delay plan -BBG
  • New Zealand Finance Minister the Treasury is considering "bespoke" solutions for bigger firms needing financial assistance - BBG #NZD
  • The #Dow Jones Industrial Average sold off by as much as 38.4% from the February high to the March low, while the S&P 500 lost as much as 35.9% over the same observed period. Get your #equity market update from @JStanleyFX here: https://t.co/HkNM11G1n9 https://t.co/Tiremr0LkX
  • US equity futures pointing lower heading into Asia's Wednesday trading session
  • President Trump says we're going to go through a very tough two weeks #coronavirus
GBP/USD Re-Test Redux

GBP/USD Re-Test Redux

2017-01-31 20:58:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

GBP/USD Re-Test Redux

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“The 20 day continues to hold and GBP/USD has broken through early month resistance just above 1.2400. This level was actually support today (1/24), which is viewed as a positive but the key level from a bullish perspective remains the 1/19 low at 1.2252.” The November high remains above price but the re-test and hold of the low 1.2400s is viewed as a positive.

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

DISCLOSURES

News & Analysis at your fingertips.