Friday, October 16, 2026

Technicals

Add as a preferred source on Google

GBP/USD holds near lows by 1.4910 ahead of Fed minutes

Source: Thomson Reuters Cable drifts lower, holds near NY lows by 1.4910 ahead of Fed minutes Resistance by 1.4977 30-DMA & 1.4986, 23.6% Fib of 1.5554-1.4635 Support lies at 1.4856 200-HMA & 1.4844 daily pivot, 1.4740 A…

By Jay L. Zagorsky
1 min read
GBP/USD holds near lows by 1.4910 ahead of Fed minutes
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • Cable drifts lower, holds near NY lows by 1.4910 ahead of Fed minutes

  • Resistance by 1.4977 30-DMA & 1.4986, 23.6% Fib of 1.5554-1.4635 

  • Support lies at 1.4856 200-HMA & 1.4844 daily pivot, 1.4740 Apr 1 low

  • Dudley: Jun US liftoff in play, Fed to act as employment/inflation moves toward target 

  • Moody's: risk of Brexit stronger credit driver than election uncertainty

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