Friday, October 16, 2026

Technicals

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GBPAUD forms triple top around 2.1530, break above targets 2.1900

GBPAUD has once again made a high of 2.15271 and is trading at 2.1480 level. It has formed almost a triple top around 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and 2.0870). O…

By Lis Howell
1 min read
GBPAUD forms triple top around 2.1530, break above targets 2.1900
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GBPAUD has once again made a high of 2.15271 and is trading at 2.1480 level. It has formed almost a triple top around 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and 2.0870).

  • On the downside minor support is around 2.140 and break below targets 2.1350/2.130.
  • Short term weakness only below 2.1200.

It is good to buy above 2.153 with SL around 2.140 for the TP of 2.1900.

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By FxWirePro Team