GBPUSD - cup and handles on leveraged ETFIt must be obscure ETF Tuesday because here's another one that caught my eye today from the UK markets and a 3 times leveraged etf for GBPUSD. Although some EW practitioners are calling for a Dollar top and Dollar weakness going forward I couldn't help notice the almost perfect cup and handle that b
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About WISDOMTREE FOREIGN EXCHANGE LTD 3X LONG USD SHORT GBP
Home page
Inception date
Nov 8, 2010
Structure
Secured Note
Replication method
Synthetic
Primary advisor
WisdomTree Management Jersey Ltd.
ISIN
JE00B3WCLY57
WisdomTree Long USD Short GBP 3x Daily is a fully collateralised, UCITS eligible Exchange-Traded Product (ETP) designed to provide investors with a leveraged exposure to USD relative to GBP.
Classification
Geography
U.S.
Bullish or bearish GBP?I find that the GBPUSD is often a great example of Elliott Wave in action but the practical problem as always is trying to work out which of the counts is going to actually happen, if at all. In this chart of another obscure etf that I like I found it interesting how the median line on the modified
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
USP3 trades at 5,580 GBX today, its price has risen 0.35% in the past 24 hours. Track more dynamics on USP3 price chart.
USP3 net asset value is 57.02 today — it's fallen 4.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
USP3 assets under management is 1.64 M GBX. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
USP3 price has fallen by −3.70% over the last month, and its yearly performance shows a −16.62% decrease. See more dynamics on USP3 price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.30% over the last month, showed a −16.90% decrease in three-month performance and has decreased by −14.81% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.30% over the last month, showed a −16.90% decrease in three-month performance and has decreased by −14.81% in a year.
USP3 fund flows account for 25.89 M GBX (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
USP3 expense ratio is 0.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, USP3 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, USP3 technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USP3 shows the sell signal. See more of USP3 technicals for a more comprehensive analysis.
Today, USP3 technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USP3 shows the sell signal. See more of USP3 technicals for a more comprehensive analysis.
No, USP3 doesn't pay dividends to its holders.
USP3 trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
USP3 shares are issued by WisdomTree, Inc.
USP3 follows the MSFX Triple Long US Dollar/GBP Index - GBP. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 8, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.