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
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
GBP/USD
Bearish
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
Gold
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
Oil - US Crude
Bullish
Bitcoin
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
  • RT @LizAnnSonders: Both Q4 GDP forecasts from @AtlantaFed (GDPNow) and @NewYorkFed (Nowcast) are 1% or less https://t.co/cN7ZQvJ8xb
  • The DNA-FX Quiz - Find out what type of trader you are https://www.dailyfx.com/research/dna-fx
  • Reminder: RBNZ rate decision at 0100GMT - Money markets pricing in 80% probability of rate cut - Eyes on forward guidance (will they switch to guidance of balanced outlook for interest rates as they did in May) - $NZDUSD O/n ATM break-even straddle = 46pips https://t.co/QFpRDvfPsu
  • Fed's Barkin: - US labor market remains tight $SPX $DXY
  • RT @globaltimesnews: #环球时报Editorial: The true risk is that the situation in #HongKong is turning into a humanitarian disaster targeting an…
  • Are you curious to find out wht kind of trader you are? 🧐🤔 Find out through this small quiz from thelink below: https://www.dailyfx.com/research/dna-fx https://t.co/WmPodmFTFF
  • Still good for straddles at the moment, but I'm keeping a wary eye on a directional move from $USDMXN https://t.co/ZTU4wH2uMT
  • $USDARS https://t.co/lbVNAHGf2F
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.06% 🇬🇧GBP: -0.11% 🇯🇵JPY: -0.14% 🇪🇺EUR: -0.24% 🇦🇺AUD: -0.24% 🇳🇿NZD: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/VKc6ZzWKxp
  • NZD/USD, AUD/USD Forecast: Kiwi & Aussie Dollar to USD Price- Breakout Levels More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/nzd-usd/2019/11/12/NZDUSD-AUDUSD-Forecast-Kiwi-Aussie-Dollar-to-USD-Price--Breakout-Levels-MK.html?CHID=9&QPID=917714 https://t.co/rDG2CL6NDm
GBP/USD Classical 03.25

GBP/USD Classical 03.25

2011-03-25 04:38:00
Joel Kruger, Technical Strategist
Share:
GBPUSD_CLassical_body_gbp2.png, GBP/USD Classical 03.25

GBP/USD:The 1.6300 handle continues to be a difficult obstacle for bulls, with the market unable to hold above the figure for any meaningful period of time. As we had warned in the previous daily analysis, the market has once again rejected trading above the figure to set up a bearish reversal exposing deeper setbacks into the 1.5700-1.6000 area over the coming sessions. Ultimately, only back above 1.6400 delays.

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com

If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@dailyfx.com and you will be added to the "distribution" list.

If you wish to discuss this topic or any other feel free to visit our Forum page

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

DISCLOSURES

News & Analysis at your fingertips.