Thursday, October 15, 2026

Technicals

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FxWirePro: GBP/ AUD runs out of steam but maintains bullish outlook

• GBP/ AUD declined on Friday as investors digested raft of UK data and U.S. inflation data. • The pair hit daily high at 1.8535 and was last trading at 1.8433. • A daily close above the 23.6%fib at 1.8541will further im…

By FxWirePro Team
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EconoTimes — Reading the Times. Understanding the Future.

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• GBP/ AUD declined on Friday as investors digested  raft of UK data and U.S. inflation data.

• The pair hit daily high at 1.8535 and was last trading at 1.8433.

• A daily close above the 23.6%fib at 1.8541will further improve the technical outlook, and open the possibility of a rally 1.8600.

•  Immediate resistance is located at 1.8541(23.6%fib), any close above will push the pair towards 1.8595(Higher BB).

•  Support is seen at 1.8415 (5DMA) and break below could take the pair towards 1.8333(38.2%fib).

• Recommendation: Good to buy around 1.8420, with stop loss of 1. 8300 and target price of 1.8500
 

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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