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
Bullish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Bearish
More View more
Notice

BoE Chief Econimist (Hawk) is to Step Down From BoE After June Meeting

Real Time News
  • Top event risk for the next 24 hours according to what I think generates actual market movement: Earnings (GM, JPM, BBBY); CB speak from Powell, Lagarde, Kuroda; US Senate Foreign Relations Committee meeting on Chinese policy. Missing anything important?
  • The USD was flat against SGD, THB, IDR and PHP as falling Treasury yields offset potential gains from Emerging Market Stock declines. Ahead, all eyes are on Chinese GDP, US CPI, Powell and the MAS. Get your $USD market update from @ddubrovskyFX here:https://t.co/qwileJ3OUX https://t.co/i1U5Frptnn
  • RT @BrendanFaganFx: Grab SPAC Set to Take Markets by Storm, After Commanding $40 Billion Valuation Link: https://www.dailyfx.com/forex/market_alert/2021/04/13/Grab-SPAC-Set-to-Take-Markets-by-Storm-After-Commanding-40-Billion-Valuation.html
  • Gold remains in a range just above the March lows / technical support at 1682/89 with price drifting towards the upper bounds. Get your $XAUUSD market update from @MBForex here:https://t.co/4VJsyYuuyj https://t.co/IzeSIJCKmy
  • Coinbase direct listing reference price set at $250 - BBG $COIN
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.36% 🇪🇺EUR: 0.32% 🇯🇵JPY: 0.30% 🇨🇦CAD: 0.23% 🇨🇭CHF: 0.17% 🇬🇧GBP: 0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hUCfi54zxT
  • RT @mattleising: BN 13:49 *COINBASE DIRECT LISTING REFERENCE PRICE SET AT $250: NASDAQ
  • When is Kodak going to get into the SPAC game? Bitcoin mining pivot in 2018 and Vaccine production pivot in July 2020. Any day now...
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 2.19% Gold: 0.74% Oil - US Crude: 0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/QNPEEysdEK
  • The Dow Jones, Nasdaq 100 and S&P 500 will look to the arrival of earnings season for influence. Get your #equities market update from @PeterHanksFX here:https://t.co/96vOGDYq2K https://t.co/xUE3PxGz9B
GBP/USD Technical Analysis 04.25.2013

GBP/USD Technical Analysis 04.25.2013

Ilya Spivak, Head Strategist, APAC

GBP/USD Technical AnalysisPrices are testing above resistance at 1.5408, the 38.2% Fibonacci retracement. A break above this barrier on a daily closing basis targets a rising channel top at 1.5515 and the 50% level at 1.5586. Support is in the 1.5187-1.5216 area, marked by channel bottom and the 23.6% retracement.

Forex_GBPUSD_Technical_Analysis_04.25.2013_body_Picture_5.png, GBP/USD Technical Analysis 04.25.2013

Daily Chart - Created Using FXCM Marketscope 2.0

Want to back-test your technical trading strategy? Download the historical data here.

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES