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EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
2020-05-25 13:00:00
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
Oil - US Crude
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of clients are net short.
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Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
2020-05-25 06:00:00
Crude Oil Weekly Outlook: Rally Runs Into Resistance as Risk-On Appetite Stalls
2020-05-24 00:00:00
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How to Invest During a Recession: Investments & Strategy
2020-05-22 20:00:00
Dow Jones Rises to Resistance, US Dollar Dropping to Key Support
2020-05-21 11:55:00
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2020-05-25 13:00:00
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2020-05-25 12:30:00
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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
2020-05-25 13:00:00
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2020-05-25 12:30:00
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Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
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2020-05-24 12:15:00
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  • Wonder what insight on the situation with China will come out of this. @ZabelinDimitri has the background - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/05/25/AUD-May-Fall-on-Australia-China-Tensions-Euro-Eyes-500b-Proposal.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr https://t.co/Szs7ii3ufu
  • HEADS UP: Australian PM Scott Morrison is due to speak at the National Press Club in Canberra in approx. 2 hours (2:30 GMT). https://t.co/kImzlZLG0k #AUDUSD
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  • Heads Up:🇸🇬 GDP Growth Rate QoQ Final due at 00:30 GMT (15min) Actual: -4.7% Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
  • On Friday, EUR/GBP surged to an over six-week high at 0.8940 then closed the weekly candlestick in the green with a 2.3% gain. Get your $EURGBP market update from @malkudsi here: https://t.co/ln09Ijn7rd https://t.co/oOiE19ZCuW
  • Heads Up:🇸🇬 GDP Growth Rate YoY Final due at 00:00 GMT (15min) Expected: -1.5% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-05-26
  • Heads Up:🇸🇬 GDP Growth Rate QoQ Final due at 00:00 GMT (15min) Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
FOREX ANALYSIS: British Pound Targets Key Resistance

FOREX ANALYSIS: British Pound Targets Key Resistance

2012-10-25 15:10:00
David Rodriguez, Head of Product
Share:
ssi_gbp-usd_body_Picture_9.png, FOREX ANALYSIS: British Pound Targets Key Resistance

GBPUSD – Retail forex traders have sold aggressively into recent British Pound strength versus the US Dollar (ticker: USDOLLAR), and a contrarian view of crowd sentiment leaves us in favor of further GBPUSD gains.

A GBPUSD break above $1.6075 would give us further conviction in our short-term trading bias.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.

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

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