Thursday, October 15, 2026

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GBP/USD targets 61.8% retrace/cloud base

Cleared 1.5253 fibo (50% of 1.4952 - 1.5554) and the 40 DMA at 1.5249 Low was 1.5225 before bounce Scope to 61.8% retrace at 1.5182 below Close by Ichimoku cloud base at 1.5187 Upticks as selling opportunities, offer at …

By Meredith J C Warren
1 min read
GBP/USD targets 61.8% retrace/cloud base
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  • Cleared 1.5253 fibo (50% of 1.4952 - 1.5554) and the 40 DMA at 1.5249

  • Low was 1.5225 before bounce

  • Scope to 61.8% retrace at 1.5182 below

  • Close by Ichimoku cloud base at 1.5187

  • Upticks as selling opportunities, offer at the 55 DMA at 1.5300

 

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By FxWirePro Team