Friday, October 16, 2026

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GBP/USD - Tenkan and kijun lines negatively aligned

Further losses sub the 1.4699 level - 2015 low posted on Fri - expected Tenkan & kijun lines are negatively aligned, highlighting the bear structure Traders look to fade rallies to the 1.4830 level Friday's 1.4897 peak t…

By Meredith J C Warren
1 min read
GBP/USD - Tenkan and kijun lines negatively aligned
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  • Further losses sub the 1.4699 level - 2015 low posted on Fri - expected

  • Tenkan & kijun lines are negatively aligned, highlighting the bear structure

  • Traders look to fade rallies to the 1.4830 level

  • Friday's 1.4897 peak to weigh further on short-term corrective activities

 

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