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EUR/USD
Bullish
Low
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of clients are net long.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
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of clients are net short.
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Oil Price Rally Vulnerable Amid Failure to Test March High
2021-05-06 14:30:00
Crude Oil Prices May Turn Lower From Key Chart Barrier
2021-05-06 05:00:00
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Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes
2021-05-07 14:25:00
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
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Gold Price Forecast: Gold Bulls Re-Ignite Big-Picture Bullish Trend
2021-05-07 20:00:00
Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes
2021-05-07 14:25:00
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British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE
2021-05-07 16:00:00
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
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Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
Monthly Forex Seasonality - May 2021: Sell in May and Go Away? Not for USD, Stocks
2021-05-06 16:30:00
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FOREX ANALYSIS: British Pound Targets Key Resistance

FOREX ANALYSIS: British Pound Targets Key Resistance

David Rodriguez, Head of Product
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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