Friday, October 16, 2026

Technicals

Add as a preferred source on Google

EUR/GBP eyes 0.7353 pre-UK CPI data, 1.36 GBP/EUR

Cross climbs to test 0.7353 after German PMI beats 0.7353 = 1.36 in GBP/EUR. Resistance seen ahead 0.7371 & 0.74 0.7371 = 61.8% fibo of 0.7592 (Feb 3 high) to 0.7015 (Mar 11 low) Support seen at 0.7332 (Monday's high). 0…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • Cross climbs to test 0.7353 after German PMI beats

  • 0.7353 = 1.36 in GBP/EUR. Resistance seen ahead 0.7371 & 0.74 

  • 0.7371 = 61.8% fibo of 0.7592 (Feb 3 high) to 0.7015 (Mar 11 low)

  • Support seen at 0.7332 (Monday's high). 0.7304 = Asia low

  • UK Feb inflation data due 0930GMT. CPI consensus +0.1% y/y vs 0.3% in Dec  

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team