Home / Technicals / Article Technicals
Add as a preferred source on Google FxWirePro: GBP/USD trades weak after BOE rate cut, good to sell on rallies Major support - 1.3200 (200 HMA). The pair has declined sharply from the high off 1.3374 after BOE cuts interest rate by 25bpbs.The pair declined till 1.31557 at the time of writing. The BOE has boosted its asset purchas…
By FxWire Pro Aug 4, 2016, 11:45 AM UTC
Image from the original EconoTimes article Read the original article
Major support - 1.3200 (200 HMA).
The pair has declined sharply from the high off 1.3374 after BOE cuts interest rate by 25bpbs.The pair declined till 1.31557 at the time of writing.
The BOE has boosted its asset purchase facility by £60 billion to £435 billion from £375 billion.
Any violation below 1.3200 will drag the pair down till 1.3100/1.3060/1.3000 in the short term.
On the higher side trend reversal happens only above 1.3375.The minor resistance is around 1.3300.
It is good to sell on rallies around 1.3195-1.3200 with SL around 1.3300 for the TP of 1.3000
Technicals EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team Oct 15, 2026, 3:20 AM UTC
Technicals 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 Oct 15, 2026, 3:17 AM UTC
Technicals JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish
By FxWirePro Team Oct 15, 2026, 2:34 AM UTC
