Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open

Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open

by  

Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.

Continue Reading



COMMODITIES NEWS

Get today’s forex trading news, as well as insights and analysis from the DailyFX team. We provide up-to-date forex market news from around the world to help you react to changes in price forecasts and market sentiment.

View More

Weekly currency forecast

Advertisement
Advertisement

Market Outlook

US
Market
   by  

Crude Oil Prices turned with a vengeance in late-April but found support in early-June. A rally last week showed around FOMC, has the trend turned again?
Continue Reading

EURO
Market
   by  

EURUSD’s break above descending resistance may be accelerated by a rise in rate cut expectations from US economic data and commentary from Fed Chairman Jerome Powell.
Continue Reading

ASIA
Market
   by  

Crude oil prices cleared chart resistance despite a decline in the S&P 500 as St. Louis Fed President James Bullard talked down aggressive July rate cut bets and the Dollar climbed.
Continue Reading

DAILYFX TV

Advertisement

Dailyfx analysts

Free upcoming webinar

Time Host Duration