Friday, October 16, 2026

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GBP/USD sees touted offers at 1.51

Fresh cable offers at 1.51 (1.5101 = treble hourly high Tuesday) US name motivate selling at 1.51 earlier this week, 1.53 stop, 1.47 target 1.5270 was Mar 5 high (day before upbeat NFP). 1.4952 = 18month low in Jan Pre-1…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Fresh cable offers at 1.51 (1.5101 = treble hourly high Tuesday)

  • US name motivate selling at 1.51 earlier this week, 1.53 stop, 1.47 target

  • 1.5270 was Mar 5 high (day before upbeat NFP). 1.4952 = 18month low in Jan

  • Pre-1.4952 level supports at 1.5053 (Asia low), 1.5025 (Monday's 5week low) & 1.50

 

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By FxWirePro Team