Thursday, October 15, 2026

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GBP/USD breaks minor trend line resistance, targets 1.4370/1.4400

Minor trend line resistance -1.4280 (trend line joining 1.4250 and 1.42605) Minor support - 1.4240 Cable breaks minor intraday resistance 1.4280 and this confirms minor bullishness, a jump till 1.4350/1.4370/1.4400 is po…

By Lis Howell
1 min read
GBP/USD breaks minor trend line resistance, targets 1.4370/1.4400
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  • Minor trend line resistance -1.4280 (trend line joining 1.4250 and 1.42605)

  • Minor support - 1.4240

  • Cable breaks minor intraday resistance 1.4280 and this confirms minor bullishness, a jump till 1.4350/1.4370/1.4400 is possible .

  • Minor weakness can be seen only below 1.4240 and break below targets 1.4200/1.4180.

It is good to buy  at dips around 1.4285 with SL around  1.4240 for the TP of 1.4370/1.4400

 

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