GBP/USD –16.10.2025

 

The pair managed to re-test the resistance zone at 1.3420-60 today.

As we see over the previous chart, and as long as the market holds below the resistance zone of 1.3420-60, the drop pressure could continue.

Prices facing a support zone at 1.3140 which could keep the chance for a rebound.

Above 1.3460 more advance will be expected with resistance at 1.3535-65.

SUPPORT RESISTANCE
LEVEL1 1.3260 1.3420-60
LEVEL2 1.3140 1.3535-65
LEVEL3 1.3000 1.3725

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