Thursday, October 15, 2026

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FxWirePro: GBP/USD faces strong resistance around 1.4060, good to sell on rallies

Minor resistance -1.3980 Major resistance -1.4060 The pair has recovered from the low of 1.383 till 1.39793 at the time of writing. Short term trend is still weak as long as resistance 1.4060 holds. On the lower side maj…

By Lis Howell
1 min read
FxWirePro: GBP/USD faces strong resistance around 1.4060, good to sell on rallies
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  • Minor resistance -1.3980
     
  • Major resistance -1.4060
     
  • The pair has recovered from the low of 1.383 till 1.39793 at the time of writing. Short term trend is still weak as long as resistance 1.4060 holds.
     
  •  On the lower side major support is around 1.3880 and any break below targets 1.3835/1.3800 level.
     
  • Major resistance is around 1.3980 and break above targets 1.4060//1.4085/1.4195.
     
  • Short term bearish invalidation only above 1.4200.

It is good to sell on rallies around 1.4005-1.4010 with SL around 1.40600 for the TP of 1.3880

 

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By FxWirePro Team