Friday, October 16, 2026

Technicals

Add as a preferred source on Google

GBP/USD - Short stop seen ahead of 1.5000

Risk seen above 1.5000 levels where short stop is located. 1.4990 = Mon high. 1.4975 in Asia Trend studies suggest further squeeze. Yesterday 200 HMA provided support Bullish cross from 10/200 HMA yesterday indicates sho…

By Ian Preston
1 min read
GBP/USD - Short stop seen ahead of 1.5000
Image from the original EconoTimes article

Read the original article

  • Risk seen above 1.5000 levels where short stop is located. 1.4990 = Mon high. 1.4975 in Asia

  • Trend studies suggest further squeeze. Yesterday 200 HMA provided support

  • Bullish cross from 10/200 HMA yesterday indicates short-term buy signal

  • Potential bull target at 1.5203 ( 61.8% of 1.5554 - 1.4635 )

 

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