GBP/USD

The British Pound against the US Dollar is one of the oldest currency pairings in the world. The pair is often called 'The Cable', as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with The United States, was used to transmit currency prices between the two economies. 'The Cable' remains a favorite of traders today, accumulating massive interest considering the size of The UK economy.

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Support & Resistance

GBP Moves Higher After Better-Than-Expected UK GDP Data

by Nick Cawley

Sterling pushed higher in holiday-thinned markets after revisions to Q2 growth data show the UK economy growing at a faster clip than previously thought.

by Dylan Jusino

by John Kicklighter

by Daniel Dubrovsky

by David Song

Real Time News

GBP/USD Forecast

Analyst Picks

James Stanley

Expertise: price action, macro

Average Time Frame of Trades: few days - few weeks

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USD/CAD

The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.

Support & Resistance

USD/CAD Falls Towards Support Offering a Bullish Setup

by Jeremy Wagner, CEWA-M

USD/CAD has been stuck in a sideways consolidation. Learn more on the key levels for USDCAD.

by Dylan Jusino

by David Song

by DailyFX Research

by David Song

Real Time News

USD/CAD Forecast

Analyst Picks

Paul Robinson

Average Time Frame of Trades: Several days to weeks

Pivot Points data provided by IG

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Forex Economic Calendar

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AUD/USD

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Support & Resistance

How I Trade Using Sentiment and Positioning Data

by John Kicklighter

To understand a market's bearings, we must understand the market itself. The participants collectively decide our bearing and pace; but we can't know what everyone is doing

by John Kicklighter

by David Cottle

by DailyFX Research

by Paul Robinson

Real Time News

AUD/USD Forecast

Analyst Picks

Tyler Yell, CMT

Forex Trading Instructor

Expertise: Intermarket Analysis, Technical Analysis

Average Time Frame of Trades: 3-5 Weeks

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But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds , which you can use to trade over 10,000 live global markets.

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Forex Economic Calendar

Past performance is no indication of future results.

DailyFX is the news and education website of IG Group.