Thursday, October 15, 2026

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FxWirePro: GBP/AUD hovers around 1.9568 as market seeks new direction

• GBP/AUD struggling for direction on Monday as investors awaited fresh catalyst for further movement. • GBP/AUD stood at 1.9569, having eased slightly from 1.9607(Daily high). GBP/AUD has managed to stay clear of major …

By FxWirePro Team
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FxWirePro: GBP/AUD hovers around 1.9568 as market seeks new direction
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• GBP/AUD struggling for direction on Monday  as investors awaited fresh catalyst for further movement.

• GBP/AUD stood at 1.9569, having eased slightly from 1.9607(Daily high). GBP/AUD has managed to stay clear of major support around 1.5393( 23.6%fib).  

• Daily techs  favours  bullish sentiment, RSI is at 54 and pair trades above  5,9  & 11-DMAs.

• Resistance is located at 1.9618( 38.2%fib) and at 1.9697 (Higher BB).

• Support is found at 1.9482( 50%fib)  and at 1.9431 (Aug 27th low).

Recommendation: Be on sidelines.
 

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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